All Forum Posts by: Melodee Lucido

Off Market South Texas portfolio!! Price reduced. Only $16mm. Seller is motivated!

These are value add with upside.

Email me for summary of this portfolio or ncnd to receive all info.

[email protected]

Or

Text/Call 805-320-7559

Hi Adrian,

I am looking for new team members.

I will pm you.

I agree with @Casey Miles and @Brian T. Grooms

We are marketing heavily and the deals we find are gone in days---literally.

I live in Cottonwood (love it) and rentals anywhere from here to Clarkdale to Camp Verde

are soooooo hard to find!! This is a huge retirement community (all 3 cities). Development

is going on at an amazing pace. I see rainbows ahead.

I will connect with you all here and when I get something juicy will send it out quickly.

Hi Will and Lena,

I am from Flagstaff area and now live in Cottonwood.

I'm a stones throw from you in  Sedona!

Let's get together soon. I have some possibilities for you.

I will PM you

My 38 yr old daughter has been given notice that the landlord is selling her rental.

She wants to find a lease option home in the Ventura area.

She has a partner and they both have good jobs.

I would appreciate working with you if you currently have inventory in this niche.

Please email or call. Thank you.

Melodee Lucido 805-320-7559  [email protected]

Reposition Opportunity in a solid B class area

The property is currently condemned for structural damage. Renovation will be approx. $1.5-$2MM.

The property has over 200 rooms (efficiencies and 1bds) that were used as weekly rentals. 

The rates in it's condition were $150-$175 a week. That is an average rate of $162.50 X 200 = $32,500 per week x 52 wks = $1,690,000 yearly income. The owner wants to sell the property according to a worker on the property. It is not currently listed or on the open market. The ARV is approx. $16,900,000.

Price will be close to $2MM. This one will go fast. If interested let's get an ncnd signed and move quickly.

[email protected]

I have been building a relationship with a seller's rep that has several new luxury apartment communities in major cities in Florida. He asked if I would like to bring a buyer to these beautiful properties.

Some are stabilized and some are in final lease-up.

I have been working with value add apt. communities for the past year. My buyers are in that niche. I am looking for interested accredited buyers for these kind of assets.

I will consider a JV with experienced people in these markets after ncnd has been taken care of. I will send financial & property info on these assets without address if you want to see if you are interested.

Thank you

@Al Wilson   off topic, sorry

I cannot send you a pm because of the accidental rejection of colleague request. 

Brandon Turner may be able to fix the error.

Right across the street from the beach!!!

This is an Off Market Beach property with 28 units that can be operated as a cash cow motel in the high season and an extended stay motel in off season. This cash cow brings in $160K during the 4 month High season alone $160k the rest of the year---conservatively speaking-----with NO marketing. Good upside.

Only needs light cosmetic updating.

In order to maximize profits of this beach front property someone with vision could erect a condo tower. City has approved already.

It already sits nestled in among many other properties that operate as hotels, condos and condotels.

Continue to run it as a motel while completing the condo plans. Lots of options!!

Lender says YES, I'll fund this right now!

More info upon signing an ncnd.

Call or email NOW!

Melodee Lucido 913-210-0691

[email protected]

@bobby beard I am involved with an upcoming condo development project in PCB so am researching the market. 

I just saw your post here----don't know why no one answered. I am wondering if you decided in favor of a condo and why or why not. It would seem that beach front vacation (or otherwise) properties would be good right now with the Boomers and Millennials.

I would love to hear what you are up to down there ;-)