Wholesale, REO's, Short Sale, Assignment properties, Private and Hardmoney, Creative lending, Loan MOD's, Forensic Loan Audits, Subject to Mortgages, Realtors, Investors, Buyer leads..... You name it I can Help !!

              BEST VIEW OF THE GULF OF MEXICO

CEDAR KEY, FL (60 MILES WEST OF GAINSVILLE)

28 ROOM MOTEL FACILITY  

2 STORY BUILDING WITH 12,000 SQ FT
NEW ROOF
AND
  POOL  
FRESHLY PAINTED & REMODELED BATHS

VIEW PICTURE ATTACHMENT

PERFECT FOR A FAMILY RUN BUSINESS

SELLER FINANCING

DON'T WAIT ON THIS ONE!

IT WILL SELL FAST!!

$2,000,000

 

            41 APARTMENTS IN NORTH MIAMI FL

Price reduced from $3,675,000 to $3,250,000

                  

·         38,109 sq ft building

·         98% occupied

·         8.2% actual cap rate

·         10.1% cash on cash return

·         Located close to elementary school, major streets  

       and highways

 

 

VACANT LAND IN NORTH MIAMI.

C-1 ZONING.

 

Price reduced from $1,060,000 to $750,000

 

·         17,413 sq ft land

·         Site Plans available for a boutique gas station  

·         Zoning C-1: allowed to build stores, offices, 

       churches, laundry, restaurants

·         Located directly on Dixie hwy

 

 

WALGREENS

LOCATED IN SOUTHWEST RANCHES, FL

14,550 SQ FT BUILDING

25 YEAR NNN LEASE

LOCATED NEXT TO PUBLIX & LOWE'S HOME STORE

PRICE $8,475,000

 

 

OFFICE/MEDICAL BUILDING

POWERLINE RD. POMPANO BEACH

55,773 SQ FT BUILDING

ASKING $8,500,000

GREAT RENTAL INCOME OPPORTUNITY

 

 

 

RETAIL/MARINE/AUTO STORE

NORTH FEDERAL HWY. POMPANO BEACH, FL.

31,460 SQ FT BUILDING ON 5.7 ACRES

TURN KEY AUTO CENTER

PERFECT FOR OTHER BUSINESS

ASKING $10,000,000

 

 

LAKESIDE PLAZA

TAMARAC, FL.

37,474 SQ FT BUILDING

2 BUILDING, LARGE PARKING LOT

FITS ALL KINDS OF BUSINESS

NEW ROOF, FRESHLY PAINTED

PRICE $5,350,000

 

 

 

DEVELOPEMENT OPPORTUNITY

DEERFIELD COUNTRY CLUB RD. DEERFIELD BEACH, FL.

20,000 SQ FT ON 3.85 ACRES

PRESENTLY FITNESS CENTER/LEASE BACK OK

ACROSS FROM NEW TARGET DEPARTMENT STORE

PRICE $7,000,000

BEAUTIFUL BUILDING

 

 

 

 

DISTRESSED SHOPPING CENTER IN HOLLYWOOD FL

$2,800,000 

 

·         45,000 SQ FT building

·         5.5 acres of land

·         2 outparcels

·         $62 per sq ft

·         Huge upside potential

·         Perfect for owner-user

·         Used to be anchored by a grocery store

·         20,000-30,000 available for owner-user immediately

Frank Lee’s Painting LLC

(863) 661-2014    

frankleespainting@yahoo.com

-Licensed and Insured, over 12 years experience.

- If it needs paint I can paint it.

-I paint interior rooms, exterior houses and commercial buildings. Driveways, baseboards, doorjambs, doors, retexture and pressure washing

- Staining, varnishing, oil -base, and latex

-Protect your exterior from Florida’s sun,

-Repaint interior rooms with precision.

-All types of remodeling  

- Free Estimates (In Central Florida)

1 - The Carlingford: RECENT FORECLOSURE. 810 units in southwest Houston. Blue collar profile. Lowest rents in the area. This property has excellent visibility and good curb appeal but needs extensive rehab (from the street the deferred maintenance is not apparent). Requires a new loan due to deferred maintenance including; roofs, boilers, wood replacement, railings, appliances, carpet, sinks and tubs. The leasing office is in poor condition and the exterior landscaping needs sprucing up but is viable. Broker estimates that a $3k/unit rehab is needed. (Please Verify!) Historically the property has maintained occupancy in the 90% range but it has dropped due to the previous owners neglect. There are 4 down units and 9 FEMA tenants . Requires a new loan - owner will not finance! $17,950,000 / $22,160 unit

 

2- Glenview Apartments: ***PRICE REDUCED!***OWNER FINANCE WITH 10% DOWN***The Glenview apartments is a nice, rehabbed, 202 unit, garden-style apartment community located right off I-45 inside the 610 Loop in southeast Houston, Texas. It has an excellent location and excellent visibility. Blue-collar tenant profile. The implementation of a water RUBS will dramatically increase income. The seller has spent over $2M in rehab over the past several years. He recently replaced the underground plumbing and added a new copper loop for the water system. Many of the units contain new tile and new carpet. 75% of the units have appliances less than 3 years old. No Katrina or Section 8 on the property. 48 of the 1 bedroom/1 bath units are all bills paid. The property is not in the flood plain per the owner. Asking $27,723/unit ($39.18/sq. ft.)

 

3 - Bermuda Woods: PRICE JUST REDUCED!!! Bermuda Woods is an attractive, 145 unit townhome project in the Spring Branch area of Houston. Beautiful, park-like setting. The property appears to be in good condition with ample drive-by and curb appeal. Located in the Spring Branch School District, one of the wealthiest school districts in Houston. Property has 113 attached garages (at no charge) and 38 carports. All garages received new roofs from 2003 to 2005. Large unit sizes are ideal for a condo conversion in the opinion of the broker. End units have wood burning fireplaces. The exterior was repainted in 2005 and an irrigation system was installed in the front of the property. Most appliances were replaced in 1996. Note that water, gas and electric income is shown as an offset to the utility expenses in the operating statement. The loan is potentially resizeable. There appears to be N.O.I. upside potential by capturing a greater percentage of the water and sewer bills. ASKING $8,250,000 ($56,897/unit - $47.85/sq.ft.) - available on assumption of 6.08% interest rate debt.

 

 

4- Knights Landing: 280 unit, 2 story, 1972 vintage, garden-style apartment community well located in the Spring Branch sub-market of Houston, within 5 minutes of Memorial City Mall and the Hermann Memorial City Hospital System. The property consists of 170 condos, 110 apartment units, plus 22 condos that are privately owned (and not included in the unit mix, nor are included in this brochure to be sold). There are 35 down units. The resident profile is predominately blue-collar, working class. The broker estimates $6,000 per door rehab. This asset offers great upside potential! This is a recent foreclosure and is unstabilized. The property should do well with rehab and a strong management team. This is an "All Cash" offering. NO OFFICIAL ASKING PRICE!

 

 

5 - Broadway Apartments: RECENT FORECLOSURE. 29 unit, brick and wood, garden-style apartment complex located in southeast Houston, Texas in the Greater Hobby Airport area.. Some deferred maintenance. Great drive-by on heavily traveled Broadway St.. There are 2 down units. In the broker's opinion the property needs approximately $2K/unit in rehab. Can be bought in conjunction with Le Montreal (a 52 unit foreclosure owned by the same owner). The property is master-metered for water and electric. A new owner could implement a water or electric RUBS to generate additional income. Asking $18,000/unit ($21.09/sq. ft.).

 

 

6 - Le Montreal: RECENT FORECLOSURE. 52 unit, brick and wood, garden-style apartment property located in southeast Houston. Good rental location near Hobby Airport, I-45 and Loop 610. Great drive-by and curb appeal on heavily traveled Broadway St. The property is master metered for water so a new owner could implement a water RUBS for additional income. There are 16 down units in 1 building, due to Hurricane Ike damage (insurance claim has been filed - awaiting approval). Can be purchased in conjunction with Broadway (a 29 unit foreclosure owned by the same owner). Broker estimates $1.5K/unit in rehab. Upside potential with strong management and moderate rehab. Asking $18,000/unit ($23.02/sq. ft.).

 

 

7 - Rios de Vida: RECENT FORECLOSURE. 28 unit, brick and wood apartment property located in southeast Houston near Hobby Airport, just inside Loop 610. There are 2 down units. Broker estimates approximately $1.5K/unit rehab. The property is master-metered for water. A new owner could implement a water RUBS for additional income. Rents are well below market. There is good upside potential with strong management and a moderate rehab. Asking $18,000/unit ($25.71/sq. ft.).

 

 

8- Kenridge - Decatur, GA: Well maintained, 326 unit, garden-style apartment community located in Decatur, Georgia. Kenridge is a quality asset with highly desirable community features and is the leading Class B- asset in its submarket, easily surpassing all nearby competitors with the best overall quality, curb appeal, and amenity package - all while offering competitive rents. Seller is bring 20-30 vacant units on line as of 1/13/09. Located just inside I-285, the property enjoys an excellent infill location convenient to major arteries and numerous employment hubs. Approximate $9MM assumable debt with restructuring potential. Asking $11,575,045 ($38,849 per unit; $43.11 per sq. ft.).

 

9 - The Claridge: RECENT FORECLOSURE. Very attractive, 173 unit, 1984 vintage, mostly brick, apartment property located at Beltway 8 near Beechnut St. The property is located near the Westchase District, a major employment base in Houston. Great drive-by and excellent curb appeal. The property is being sold "as-is, where-is" with all faults.. There are numerous down units. Broker estimates a $6,000/unit rehab. There appears to be good upside potential with strong management and a rehab. Asking $36,127/unit ($31.06/sf).

 

 

10 - The Crossing: A VALUE ENHANCEMENT OPPORTUNITY! The Crossing is a 100 unit garden style apartment complex, located in south Houston in the City of South Houston.. The property suffered extensive damage from Hurricane Ike and is in need of major renovation/repair. Broker estimates approximately $6,000 per unit rehab. The apartment community benefits from its excellent location in close proximity to the Houston Ship Channel, the Pasadena PetroChemical Industry, the City of Houston and the NASA area. Asking $12,000/unit ($16.60/sf).