Fantastic Investment Property! Brand new townhomes for sale! HIGH RETURNS, ZERO RISK! Everything is under warranty and we guarantee you the rest, including the rent! It simply does not get any better than this! These properties are in a great growth area. They will go quickly. Email us for more details!!
$1,400,000Size Upon Req.
Includes 5.9-acres - 64-spaces - 16 Cottages - 2 Commercial Buildings - Zoned PD - Commercial - Seller Financing Available 20% Down - Principals Only There is an assumable loan and Seller Financing available for this purchase making it possible for the Purchaser to come in with around 20% down payment. This is not a distress sale, however, the Seller is motivated to sell to a MHP operator that has the interest and capabilities to take this park to the next level (See attached CCI Financial Projection Report). Current occupancy is 80% with an average rent of $400/tenant. Gross Revenue is currently $308,000/an and NOI is around $160K/an. Property currently does not include separate water meters. There are 45 electric meters included. The expense of putting in meters is also included as that will reduce the large Water and Electric bill ($60,000/an) the Seller is currently responsible for. ALL INTERESTED PARTIES MUST SUBMIT POF WITH THEIR OFFER! Please email or call for a complete package on this property.
This offering consists of three Quads (12-units). Each Unit is approximately 920 sq ft of heated living space with 2 bedrooms and 1 full bath. 100% Occupied - All units are leased to long term tenants with each tenant paying $760/mo. The surrounding rental units are renting for $750-$800/mo per unit. Current NOI is $85,814. Cap Rate is 12%. The roofs are all new! Seller is asking $730,000 for all three Quads. Price is negotiable. Please do not submit any offer less than $700,000. Seller may consider a lower offer but will not work with any offer that comes in less than that amount. POF' s and/or Bank Pre-Approval Letter must be submitted before property is shown.
100% OCCUPANCY INCOME PRODUCING PROPERTY LOCATED IN HISTORIC YBOR CITY! THIS PROPERTY HAS BEEN WELL MAINTAINED BY THE OWNER AND IS UP TO CODE WITH THE CITY. THE PROPERTY CONTAINS 4 2bed/1bath units that average $625 each per month. Low Vacancy Rate!
Solid concrete block duplex in North Tampa. 2/1 units, separately metered. Great money maker. The property is in need of updates as you can see from the pictures.
Zoned AS-1 Fully Rented. 2 parcels with 3 buildings: concrete block duplex + concrete block triplex + stand-alone wood frame house = 10 bedrooms / 6 baths on large wooded lot. Quiet dead-end street near Interstate 275 and Bearss Ave., 10 minutes from University of South Florida, VA Hospital, Moffitt Cancer Center, Pepin Heart Hospital. Positive Cash Flow Income Property. Great for 1031 exchange and over 11% CAP Rate. Rent roll attached, Income just increased 5-1-14 from $4,045 to $4,120/monthly. PLEASE DO NOT DISTURB TENANTS.
4/1 Needs $15,000 in renovation Rented for $1100 A month Asking Price: $42,900 Firm
4/1 Block House, central heat and air, fully renovated Rented $1100 Per month currently rented (One Year Lease)
Rush Capital Fund is proud to present North Bay Apartments. Come see this newly renovated 6 - unit apartment building located in Tampa, Florida. This is a rare opportunity to buy a 6 - unit at the current price of $235,000. There is nothing on LoopNet or the Multiple Listing Service comparable to this property at this price. GO CHECK FOR YOURSELF! The property has 4 - 1 bedroom 1 bath & 2 - 2 bedroom 1 bath. Currently there are 2 tenants renting two of the units (the 1/1 & 2/1) for $525 (1/1) and $700 (2/1) for a total of $1,225 per month. The additional 4 units need cosmetic work at a rehab cost of $10,000, afterwards the units will collect an addition $2,275 for an adjusted gross income of $3,500.