Hi AllI have• 102-Unit Multifamily Redevelopment Opportunity Just East of Downtown Phoenix• Plans Are Approved & Project Can Be Delivered“Shovel Ready” to Allow for a Turn-Key Redevelopment ProjectOffering Price: $4,750,0002.08 Acres | 90,605 LSF$133.08/SFTotal Planned Units: 102Year Built: 1953Does anyone have interest ?

So percentage wise Jacksonville has seen a crazy amount of new supply being delivered which has affected rents.We also manage a portfolio of new construction homes in Palm Coast and Palm Bay and rents for those homes have dropped $25-75 depending upon floorplan and submarket and they’re taking longer to lease up compared to 2 years ago.A lot of Florida is having similar issues of stagnating or dropping rent, but it definitely depends on market, submarket, asset type, etc. 

Inspection Costs - $400 Lender Fees - $1,000 Closing Costs - $2,000 Mortgage Payments - $2,500 Property Taxes - $600 Utilities - $1,000 Insurance - $200 Commissions - $4,000 Selling Closing Costs - $4,000 Home Warranty - $500 Termite Letter - $100 MLS Fees - $100 

This will be the first year I will be able to deliver to my tax man a really clear, concrete report.

You need a proof of funds or a pre-approval to go with any offer so if it's hard money, they will issue a letter.

We can fold 500 letters in about 10 minutes. 

Once the smoke clears there will be vulture investors doing yellow letters to the lot owners you can count on that. 

'Your best bet is to wholesale for now- you find a super good deal (how are the yellow letters coming?)  

I left numerous contact me letters to speak to the owner to discuss options and potentially cash for keys.

Not at all-Just deliver what he took money for -Plans for an efficient functioning of the building.