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Big Property Update

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Services for Real Estate Pros with Forever Wealth Club

Have an awesome Thanksgiving! Enjoy the food, but save some room for...These Great Deals!

 

My team and I have been working hard to bring you some sweet deals. I have an executable interest in these properties and am assigning my contracts.

 

NEW - Sailboat Access with Pool in Cape Coral, FL - Only $312,000! Bigger than triple lot, Huge oversized corner lot. 1500+ sqft under air, 3/2/2 w/ pool & side loading garage. All assessments paid, 1621 SE 29th Ter, Cape Coral, FL 33904. I have an executable interest in this property and am assigning my contract. ASSESSED VALUE IS $390,000, THIS HOUSE SHOULD APPRAISE AT $510-$525,000. YOUR PRICE ONLY $312,000! PICS AND MORE AT HTTP://WWW.BUYAHOUSEFROMRAY.COM/1621SE29

 

NEW - Location, Location, Location!!!  Check out the neighborhood! 3414 SE 19th Ave, Cape Coral, FL 33904 - 3/2/2 Sailboat access with dock and cement seawall, only ½ mile to the river.  I have an executable interest in this property and am assigning my contract. Almost 2,300 sqft under air! One owner since 1975.  This home has tile throughout and sits on a triple lot!  CBS with Tile roof, and brick driveway.  Only needs some updating in the kitchen and paint.  We had estimated appraisals of $740- $760k.  This is a Great investment property. Accessed value is $590,000, Yours for a low, low, low price of $517,000. - Pics and more - http://www.buyahousefromray.com/3414SE19th

 

Reduced by $100,000! - 15 Unit in N Ft Myers, FL - Potential Cashflow with Owner Held Note. I have an executable interest in this property and am assigning my contract. Owner needs to get $650,000 and is willing to owner finance the rest, interest free for the first 6 months with full amount due in one year. The units should generate over $9,000 per month of income when fully rented out. Address is 1763 WOODWARD AVE, NORTH FORT MYERS FL  33903. This property was purchased last year and has had major rehab completed. Rehab that is completed includes New roofs, New Septics, New Floors, New exteriors, stucco, paint and vinyl, Replaced appliances, re-laid sod and cleaned it up. Total Rehab has been almost $200,000 as there were major hurdles in the septic systems that are now fixed. There is some rehab left, but nothing major, definitely under $20,000. The property is just starting to be rented out. Three of the units are currently rented with people calling everyday. The rents are 655 one bedroom, 625 efficiency, and 750 one bedroom (electric and water included estimated cost of $75 per unit). Based on calls and area, rents should be something like this: Efficiencies - 7 units $625 with electric and water we estimate to be about $50 a month owner is thinking about converting 3 of these into 1 bed units, 1 Bedrooms - 7 units $750 with Electric and water estimated expense is $75 a month, 4bed 2 bath - $1000 a month.  They pay own electric we pay water. Owner also willing to guarantee rents, price would need to be increased for him to do this. Example: Bumping the price up $120k to get $10k a month for one year. This deal has several creative options for you! Price to you is $808,000 - Pics and more at http://www.buyahousefromray.com/1763woodward

 

Reduced! - Brand New, Never Lived in! 3+den/2/2 Cape Coral, FL - 1255 NW 22nd Ave, Cape Coral, FL 33993 - 3 bedroon 2 bath plus Den.  2 Car Garage large lanai area.  2,025 sqft under air, 2785 total.  You will not find a better deal on a new property that is over 2,000 square under air. 10 foot ceilings throughout Living area, Raised Panel Cabinets in Kitchen & Baths, Huricane Panels, Reverse osmosis water purification system, Kenmore appliances, Laminate counters, Stain resistant Carpet, Vinyl in Kitchen & Baths, Appraised in November for $338,000, your price only $248,000 - Pics and More at http://www.buyahousefromray.com/1255NW22nd

 

Reduced! - Brand New, Never Lived in! 3/2/2 Cape Coral, FL - 1505 NE 33rd ST, Cape Coral, FL 33909. 1,634 sq. ft. Living Area, 2,411 total sq.ft., 3 Bedrooms, 2 Baths, Family Room, Dining Area, Kitchen and Breakfast Nook, Screened in Lanai under Truss, 2-Car Garage.  This split floor plan has a wall of sliding glass doors that open to a beautiful lanai area. Raised panel doors on Kitchen and Bath Cabinets, Kenmore appliances, Laminate Counters, Stain resistant Carpeting, Vinyl in Kitchen and baths, Well and Septic, Reverse Osmosis water purification system, Builder is First Choice. Should Appraise for $280,000+ Your price only $204,500 - Pics and more - http://www.buyahousefromray.com/1505NE33rd

 

Reduced! - Brand New, Never Lived in! 3/2/2 Cape Coral, FL - 3900 NW 38th St, Cape Coral, FL 33909.  - 1,579 sq. ft. Living Area, 2,281 total sq.ft., 3 Bedrooms, 2 Baths, Great Room, Dining Area, Kitchen and Breakfast Nook, Screened in Lanai under Truss, 2-Car Garage.  Best price in NE Cape on a brand new house. Raised panel doors on Kitchen and Bath Cabinets, Kenmore appliances, Laminate Counters, Stain resistant Carpeting, Vinyl in Kitchen and baths, Well and Septic,
Reverse Osmosis water purification system, Builder is First Choice. Appraised end of September at $270,000+, Your price only $198,400 - Pics and more - http://www.buyahousefromray.com/3900NW38th

 

Reduced! - Brand New, Never Lived in! 3/2/2 Cape Coral, FL - 344 NE 26th Ter, Cape Coral, FL 33909.  - 1,579 sq. ft. Living Area, 2,281 total sq.ft., 3 Bedrooms, 2 Baths, Great Room, Dining Area, Kitchen and Breakfast Nook, Screened in Lanai under Truss, 2-Car Garage.  Best price in NE Cape on a brand new house. Raised panel doors on Kitchen and Bath Cabinets, Kenmore appliances, Laminate Counters, Stain resistant Carpeting, Vinyl in Kitchen and baths, Well and Septic,
Reverse Osmosis water purification system, Builder is First Choice. Appraised end of September at $270,000+, Your price only $199,400 - Pics and more - http://www.buyahousefromray.com/344ne26th

 

Back on the market! - CASHFLOW! - 22 units in Sarasota! These are 11 duplexes, 21 units are 2/1's and one is a 3/1. 14,800 gross monthly income. The rents have not been kept in line with the market so they vary greatly. Each duplex is between 1200 and 1400 square feet. A super wal-mart has just agreed to build less than .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 $1024 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 woodframe duplex is on the market right down the street for $260k. Go here for more info and pics - http://www.buyahousefromray.com/Sarasotaduplexes

 

Back on the market! - Gulf Access lot in Cape Coral, FL.  Assessed at 254k, projected appraisal is around 230-250k, your price a low, low, $139,000 - 2372 NW 38th Place, Cape Coral, Fl 33993. , I have an executable interest in this property. More info - http://www.buyahousefromray.com/2372NW38th  


Happy Turkey Day!


Ray Higdon
RLH Holdings