Friday, September 13, 2013

16.) Apartments For Sale BACKPAGE AD--------- dated sept.13,2013

A.
$ 4,680,000.00
5 STORY  28 UNIT APARTMENT BUILDING IN NEW YORK CITY.
PLUS 5 STORE & CELL TOWER
LOCATION XTH AVE & w XXXTH AVE.
INCOME: RENTAL INCOME   $  396,938.88
REIMBURSEMENTS              $      5,000.00
ANNUAL INCOME                 $   401,938.88
TOTAL EXPENSES                $  113,557.31 
ESTIMATED NET INCOME    $  288,381.54






- call for facts
623-428-9695 -

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B.
$ 257,900.00
central Forida  ''SOLD''

Multifamily 10 units! $25,790/Unit!  Tenants pay utilities! CBC!


10-Unit Apartment in College Town

Proforma Gross Income $55,140

Operating Expenses $7,160

Net Operating Income $47,980

DOES NOT NEED ANY WORK!!!

Owner Financing offered with 50% down, 3.99% - 25 years amortized loan, 5 year note. 
        No. Units:10


· Building Size:7,786 SF

· Price/Unit:     $25,790

· Cap Rate:      18.6%

· Occupancy:  0%
  • Concrete Block and Wood Frame Construction
  • Value add opportunity
  • Walking Distance to Campus
  • Great Student Rental
  • Located near University campus.
  • Central Heat/Air and Window Units
10-Unit Multifamily Apartment near University. Great student rental. Separate electric meters for low-overhead.

Unit Mix:


(1) x 3 Bed, 1 Bath @ $600
(1) x 2 Bed, 1 Bath @ $550
(2) x 2 Bed, 2 Bath @ $500
(3) x Studio Apartment @ $375
(3) x 1 Bed, 1 Bath @ $425
(1) x Laundry Facility


Expenses:
Actual Taxes - $3,874.00
Insurance - $2,866.00
Misc - $720.00

Located near University campus.
- call for facts  970-481-0033

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C.
Jacksonville, FL. Units: 112
 * Jacksonville, FL 32211
 * Class: B
 * Year Built: 1966
 * Number of Units: 112
 * Square Foot: 95,723
 * Per Door: $38,678.57
 * Occupancy: 83.93%
 * Vacant Units: 18
 * Cap Rate: 10%
 * NOI: $ 406,000.00

 * Price: $4,332,000.00
- call for facts 970-481-0033 -



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D.
Pensacola, FL.  Units: 132
* Pensacola, FL.
* Class: B
* Year Built: 1970

* Number of Units: 132
* Square Foot: 131,587
* Per door: $36,000
* Price: $4,952,000
* Occupancy: 85%
* Vacant Units: 20
* Cap Rate: 8%
* NOI: $399,600
* (recently renovated)
- call for facts 970-481-0033 -


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E.
Jacksonville, FL
* Jacksonville, FL 
* Class:B
* Year Built: 1973 
* Number of Units: 112 
* Square Foot: 93,597
* Per Door: $36,000 
* Price: $4,332,000 
* Occupancy: 76%
* Upside potential
* Vacant Units: 27 
* Cap Rate: 6.7% 
* NOI:  $291,036
- call for facts 970-481-0033 -

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F.
East Coast Florida


Multifamily 36 units! $41,500/Unit! 100% Occupied! 10% CAP! Renovated! CBC! Central A/C!

Asking $1,594,000
- call for facts 970-481-0033 -
Actual Year 2012 Gross Income $243,564

Operating Expenses $81,265

Vacancy @ 5% $11,983
Net Operating Income $150,316
23 units x 2bdr/1bth @ $523/month

13 units x 2bdr/2bth @ $611/month
  • Recently Renovated Units
  • Large Private Balconies
  • Community Pool
  • Central A/C
  • Concrete Block Construction
Price per Unit:
$41,500
Price per Square Foot:
$57.33
Number of Units:
36
Rentable Square Feet:
26.056
Number of Buildings:
1
Number of Stories:
3
Year Built:
1975
Lot Size:
1.87 Acres
CAP Rate - Current:
10.06%
GRM - Current:
6.26
·

· Property is a 36 unit community .This three-story building sits on 1.8 acres and was constructed in 1975 using concrete block. The unit mix consists of 23 one-bedroom/one-bath units and 13 two-bedroom/two-bath units. Many units at this property have been recently renovated, and the tenants enjoy the spacious balconies and community pool.

Surrounded by citrus groves, cattle ranches, and the Atlantic Ocean, has a friendly, unpretentious atmosphere. Centrally located , north of Miami, contain beautiful white sandy beaches, orange groves, grapefruit groves, and immaculate oceanfront estates and riverfront communities. Its unique setting makes this County the perfect destination for thousands of visitors and seasonal guests each year to enjoy a climate moderated by the warm waters of the Gulf Stream and its balmy winters combined with the summer' s fresh ocean breezes. Average temperatures around the mid 70's makes this location perfect for swimming, golf, or tennis year round.


Financial statements are available upon request.
- call for facts 970-481-0033
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