Please email us if you would like to be on the PRIORITY LIST to receive great deals in the future.

Hi Thanks for your interest. This is a great property for the right investor. We enjoy dealing with professionals like yourself, who see great value in these properties.   Please email us if you would like to be on the PRIORITY LIST to receive great deals in the future. Please add k81k81@yahoo.com to your email address book.   

Please read all of this email and ask questions by email.   We have decided to sell everything we have. Our loss is your gain....We don't have time to fix any of them.  

That's right, 82 units only 337K, if you buy all 3 properties.  That's a nice discount. SPECIAL DISCOUNT - 82 units only 317K...you must close quickly. Only 3,865 per unit... There may be a 1,000,000 Profit on this deal!   Buy one Building or buy all three.   Building 1..........38 units only $147,000 Has ONSITE LAUNDRY for additional income. Solid area. Possible yearly income of $160,000 - $180,000, based on rents of $350-$400/month. If you could resell at $30,000 per unit x 38 units, that would be $1,140,000! Mixture of large studios and one beds. The immediate area has wide residential streets and is close to everything. 2 blocks from shopping. 2 blocks from Famous "Wellington Place Estates" - Historic Estate. 3-4 blocks from major industry, employers, etc. Loaded with street parking, EXTRA WIDE residential streets. Well kept homes, lawns, etc.  Seemed fairly quiet at all times. Irving Elementary is a couple of blocks away.  Very large walk in closets (a real nice surprise). Cast Iron Tubs (some clawfoot?) Steel Emergency Exit Doors. Solid Brick building. Hardwood Floors. Not sure of heating source. Boiler area in basement? Possible separate meters for gas/oil/electric (not sure in basement)? Downstairs Storage Areas. Some kitchens and baths in decent condition, some in poor condition (copper removed). Some copper has been removed causing some water damage on first floor ceilings. Some units are in fair shape, some in poor shape. It appears the former owner started work, and ran out of money? Wide streets for lots of parking, quieter residential area.  Taxes are around $3K - That is really low... Estimate $5K-$9K repairs per unit. Estimate $60K-$95K for general building repairs. Total estimate $345,000 - $395,000 depending on how nice you want it to be. Possible yearly income of $160,000 - $180,000, based on rents of $350-$400/month.     Buildings 2..........24 units only $135,000 Incredible area.   Prime DOWNTOWN area!  This area will probably APPRECIATE! Possible yearly income of $115,000 - $130,000, based on rents of $400-$450/month. If you could resell at $30,000 per unit x 24 units, that would be $720,000! These are 2 solid 12 unit each, BRICK apartment buildings. The added PARKING LOT 30+ cars?) will add value or charge for Parking! Good sized 1 bedrooms. Fairly easy fix up, most baths and kichens intact. Most in nice condition, hardwood flooring in good shape. Cast Iron Tubs (some clawfoot?). Unsure of heating - forced water radiators? Some STAIN GLASS windows. Most have fireplaces. Close to everything...shopping, main areas, etc. Taxes are around $3K.  That is really low... Estimate $3K-$6K repairs per unit. Estimate $40K-$80K for general building repairs. Total estimate $150K- $240K depending on how nice you want it to be. Possible yearly income of $115,000 - $130,000, based on rents of $400-$450/month.

Building 3..........20 units only $77,000  Incredible area.   Prime DOWNTOWN area. This area will probably APPRECIATE! Possible yearly income of $84,000 - $100,000, based on rents of $350-$400+/month. If you could resell at $30,000 per unit x 20 units, that would be $600,000! These is a nice BRICK apartment building. WIDE Street parking available. Fairly easy fix up, most baths and kichens intact. Cast Iron Tubs (some clawfoot?) Hardwood flooring. Some fireplaces. Unsure of heating - forced water radiators? Front 1 bedroom could be Manager's unit. Mostly Murphy Beds included (these beds fold up into the wall). Close to everything...shopping, main areas, etc. Taxes are around $2K.  That is really low... Estimate $3K-$7K repairs per unit. Estimate $40K-$70K for general building repairs. Total estimate $140K- $210K depending on how nice you want it to be. Possible yearly income of $84,000 - $100,000, based on rents of $350-$400+/month.  

PICTURES: SEE PROPERTIES PHOTOS HERE:

http://listings.loopnet.com/k81k81@yahoo.com

  They need to be put back in rentable condition.  Properties are currently vacant.   Please remember that after you renovate your properties, it will be worth MORE than the existing "comparables" around it.  You will have a much newer, renovated property...not like the older, non-renovated properties supposed "comparables"!

  Financing LENDER LIST available.  Just ask for it and I will email you a list of Top Lenders for this type of property.   Possible worth $2,050,000-$2,460,000... There may be a $1,000,000 Profit!    These are located in Wichita, KS, which has a population of 357,000 as of 2007. Metropolitan area population is 583,000.Largest city in Kansas. The areas look strong. *** Nice downtown area, river, etc. *** Median home price is $117,000.  *** Unemployment is 4.6%, with 3.6% projected job growth. ***The demographics also say that the future job growth over the next ten years is predicted to be 30.21%, compared to 12% for the U.S. *** About 85-95+ miles from Topeka, KS, Kansas City, and Tulsa, OK. QUOTES: Most afffordable city in Midwest - Forbes magazine Top 10 Best Big Cities to Live - Money magazine #1 in 2008 Best Affordable Cities to Live - MSN Real Estate    This Wichita quote was posted in 2007: "Wichita is going through a boom right now. There are lot's of job's available and a strong growing economy. There are hundreds if not thousands of aerospace jobs available due to the AIRCRAFT industry.....especially the private aircraft sector. The MEDICAL sector is growing in the Wichita market as well. If you look around the city there is new construction happening everywhere! The city outpaced the states job growth 2 to 1. Wichita is not a place to be over looked!"   Wichita has strong industry/employers: 1.  McConell Air Force Base 2.  Wichita State University, + other colleges, etc. 3.  Wichita Mid-Continent Airport 4.  AIR CAPITAL OF THE WORLD - Ratheon Aircraft, Cessna Aircraft (11,000 employees), Hawker Beechcraft aircraft (7,000 employees), Riverside airport, Jabara airport, Boeing/Spirit facilities (10,000 employees), Airbus, Learjet. 5.  Various Hospitals and Medical facilities. 6.  Mid-American Indian 7.  Arkansas River 8.  Koch Industries, Coleman Company. 9.  New large dowtown Stadium being constructed.   Possible worth $2,050,000-$2,460,000... There may be a $1,000,000 Profit!    Sign up for more deals in the future at k81k81@yahoo.com and we'll put you on our list.   My last great deals went very fast. Don't wait!       Here's a sample of my last Great Deals (Nationwide):          80+ units sold quickly at $450K          50+ units sold quickly at $350K          20+ units sold quickly at $125K    Thank you very much, Ken Anderson 10 years+ of Property experience. Associations member:  CFRI, CCB   Information believed to be true, but not warranted, expressed or implied.  Buyers accept full responsibility for any and all inspections, liabilities, etc. The projected after repair value, estimated repairs, and profit figures are estimates for the properties. We encourage you to do your own research to verify. Properties sold "As-Is".  This email message is an advertisement and/or solicitiation.  P.O. Box 607684, 32860. Feel free to opt-out of receiving these emails.
  We will pay all the points at $337K purchase price! Here's someone that will finance this deal! 12% 5-6 points would make it work

1year term with option extension.

Joseph V. Scorese

MAC Investment Company, LLC.

Loan Associate

joemacinvest@yahoo.com

Toll Free - 877-263-4881

Office - 610-351-9927

Fax - 610-351-0903   This is a great deal for the right investor. We originally wanted to fix this up and make a huge profit ($1,000,000+ equity/profit), but don't have the time.  Our loss is your gain.   Please remember that after you renovate your properties, they will be worth MORE than the existing "comparables" around it.  You will have much newer, renovated properties...not like the older, non-renovated properties supposed "comparables"!

They need to be put back in rentable condition.  They are vacant.

  These properties have no liens, etc. We have full Title Insurance, Deeds, etc.   The City of Wichita appears very friendly and wants these fixed up and operating.  There are various incentive programs as well.   The City of Wichita is offering tax credits.   DID YOU SEE THESE LATEST STATISTICS ON WICHITA, KS? The NAR Metropolitan home sales report came OUT FOR THE 3RD QUARTER 2008: The ONLY gainers were a mixed bag of cities:

It seems like Wichita, KS is doing quite well, thank you.   Don't forget to add k81k81@yahoo.com to your address book for future deals.   Thanks again and we hope you get this property before someone else does! Ken Anderson     Please add k81k81@yahoo.com to your address book to receive great deals in the future!