Tag: Business Opportunity

Huge Price Drop – Commercial Property Investment

HUGE price drop on this off-market deal in Jacksonville– Need to sell it fast!

Buy it now at a 12% CAP and start collecting cash flow immediately, make some cosmetic improvements, increase rents and hold or sell it at about 8% cap for a nice profit!

Cash offers only please.

DESCRIPTION:
24 units, 2 two-story buildings on East side of Jacksonville (a B location)
Solid CBS construction with flat shingle roof
Below market rents
All units are 1 bed, 1 bath.
95% occupancy
Guaranteed Income via HUD-VASH Program for most tenants
Laundry room additional income
Units independently metered
Located in desirable South Riverside area near desirable San Marco area in Jacksonville, FL Needs TLC

Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
No. of Buildings: 2
No. of Stories: 2
Year Built : 1964
Building Size: 17,575 SF
Construction: CBS

Unit Mix
One-bedroom, One bath: 24 Units
Occupancy: 95%

Actual NOI: $86,952

NEW Purchase Price: $725,000 NET (was $760,000)
Low Price per Unit: $30,208
Cap Rate: 12%

TERMS:

Must be ready to close Fast!
Cash Offers only
10% Earnest money
7 day inspection period max.
Possible Seller Financing
____________________________________________________________

For more information:

Mike Cathell,
Broker/Owner, Investment Property Consultant

Real Estate Services of SWFL, LLC
Real Estate Services of Citrus County, LLC

Cell:  (239) 770-6250   Fax:  (239) 288-2505
Email:  InvestSWFL@gmail.com
 

 

#Commercial Property  #Commercial Property Investment  #Multifamily Investment

#Multi-family investment  #income producing property

Natural Foods Icon Seeking Lender to Realize the Dream Again!

For over 15 years, my client was an Icon in the Natural Foods Industry.  He left his business and dream, in the hands of a manager for several years when he took a leave to be with a seriously ill family member.  He returned to find he had been forced from the business.  Long story but not needed here.

He is ready to return to the Natural Foods Supermarket arena that he drove for many years.  His new dream needs help from an Investor.  Reasons to  get involved:

  • His staff which included certified nutritional experts will return!
  • His chef, who is Nationally known and the owner of a Natural Foods Restaurant, will return!
  • Over 300 of his vendors will ship product with no money down and 30-90 billing based on his reputation and past performance.
  • A nutritional company has offered to label an entire product line with his company name.
  • Past performance (included in our package) a 17% cap rate and growth up to 20% yearly.

His new Dream will create new jobs in SW Florida.  Support of local charities and children’s education groups. will be an integral part of the business again.  Unique ideas will be obvious to shoppers including an in-store greenhouse to grow produce organically that will be harvested right to the shelves of the market!

Timing is everything!  Interest in Natural, Healthy Foods is growing exponentially just as our population in SW Florida is also growing exponentially.

He is seeking Angel Investors or Private money Lenders for a $925,000 loan.  He is willing to pay compound interest with a 3 1/2 year payoff.  A small equity share may also be available for a few years.  The package shows examples of his past financial success, his plans for a new Natural Foods Supermarket and his projected growth.   Email InvestSWFL@gmail.com for a Non-disclosure, Non-circumvention Agreement.  The entire package will be emailed to you as well an invitation to talk directly to this SW Florida Icon ready to return.

???????????????????????????????????????

Mike Cathell,
Broker/Owner, Investment Property Consultant
Real Estate Services of SWFL, LLC

Cell:  (239) 770-6250   Fax:  (239) 288-2505
Email:  InvestSWFL@gmail.com