TITLE:
30-33 UNIT APARTMENT BUILDING UNDER RENOVATION ONLY $ 1,2 M
CONTROL:
Exclusive
VALUE:
$1,200,000
LOAN:
$800,000
EQUITY:
$400,000
TYPE:
Multi-Family
HAVE:
The whole building is under a total renovation. New roof, windows, doors, sub floors, split AC's, stucco, paint. Needs finishing inside. Has small office, gym & maintenance room.
ADDRESS:
210 Gretna Road, Branson, Missouri
BENEFITS TO NEW OWNER:
Maint free for many years. Good for absentee owners. Need only 1 employee. Mailbox money. Super low price.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$0
CASH FLOW:
$0
CAP RATE:
0.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$800,000
$4,500
7%
12/31/1969
No
BENEFITS SOUGHT:
Need some cash for another project.
CAN ADD:
Nothing.
REMARKS:
Super location just off the Strip. Needs new El wires, sprinkler, plumbing, walls, ceiling, baths & kitchen. Let's talk details and profits. This will be a very good cash flowing property. Shortage of apartments in Branson, so these will rent very fast.
COUNSELOR:
Arvid Hvidsten
120 E Oakland Park Blvd, # 105
Fort Lauderdale, Florida, 33334
