cultuslake 请进- What about this deal

Sarasota Duplexes
Your Price: $1,903,000 or $173,000 each
CASHFLOW! – 22 units in Sarasota! These are 11 duplexes, 21 units are 2/1’s and one is a 3/1. The rents have not been kept in line with the market so they vary greatly. Each duplex is between 1,200 and 1,400 square feet. A Super Wal-Mart has just agreed to build less than 0.7 miles from here so this has the potential to turn into commercial. These sit on approximately 2 acres. All units are concrete block and tiled throughout. Half of these are on HUD but have not been updated. HUD now pays $824 a month for 2/1’s and $1,024 for 3/1’s in this area and there is a waiting list. The currents rents vary from the lowest of $585 to the highest 2/1 at $785; however, these are in the process of being bumped up by Section8 (HUD).
You can buy one duplex or all 11. Comparables are hard to find but we feel each duplex will appraise at 235k+. Your price is $173,000 per duplex or, this is negotiable if you take them all. This is an up and coming area in Sarasota and the lowest priced multi- units around, a wood frame duplex is on the market right down the street for $260,000.

所有跟帖： 

• 你们说的DEAL都不错,亏是亏不了的,... -shn888- ♂ (132 bytes) () 02/10/2007 postreply 13:21:41

• It sounds like a good deal. -cultuslake- ♂ (771 bytes) () 02/10/2007 postreply 17:02:59

• 你们倆都够狠的,...不过,我喜欢这种狠劲,佩服一下. -shn888- ♂ (0 bytes) () 02/10/2007 postreply 18:03:40

• 我还没能力做这么大的项目. -cultuslake- ♂ (42 bytes) () 02/10/2007 postreply 19:43:34

• 我现在有能力做这么大的项目. -shn888- ♂ (0 bytes) () 02/10/2007 postreply 19:55:21

• 我这没有这种机会,MARKET IS VERY TOUGH NOW. -shn888- ♂ (0 bytes) () 02/10/2007 postreply 19:56:43

• If you get out of the big city -cultuslake- ♂ (75 bytes) () 02/10/2007 postreply 20:12:40

• still not, housing price is very tough everywhere here. -shn888- ♂ (0 bytes) () 02/10/2007 postreply 23:12:31

• Thanks for the info. I will start from here... -va_landlord- ♂ (0 bytes) () 02/10/2007 postreply 18:29:45

• About Concrete Blocks... -cultuslake- ♂ (288 bytes) () 02/10/2007 postreply 19:53:47

• they are still pretty good, you would not feel much different, -shn888- ♂ (15 bytes) () 02/10/2007 postreply 19:58:37

• I would not live in the ones I saw. -cultuslake- ♂ (13 bytes) () 02/10/2007 postreply 20:09:10

• 回复：cultuslake 请进- What about this deal?? -表情符号- ♀ (66 bytes) () 02/10/2007 postreply 20:20:44