THIS IS A HIGH END PORTFOLIO CONSISTING OF 40 CONDOMINIUMS LOCATED AT NORTH OAKLAND FOREST DRIVE, FT. LAUDERDALE, FLORIDA 33309
THIS IS A TURN-KEY PORTFOLIO THAT HAS AN OCCUPANCY RATE OF 100%
THE OPERATING INCOME IS IN EXCESS OF $400,000
THE CAP RATE IS A VIBRANT 7%
ALL OF THE HIGH END CONDOMINIUMS ARE LOCATED WITHIN ONE COMMUNITY
TREMENDOUS UPGRADES INCLUDE GRANITE COUNTERS, STAINLESS APPLIANCES, TILE FLOORING, BEAUTIFUL WOOD CABINETRY AND ALL NEW FIXTURES.......NO EXPENSE SPARED
CONDO MIX IS AS FOLLOWS: 23 ONE BEDROOMS & 17 TWO BEDROOM CONDOS
THERE ARE 39 DETACHED GRAGES INSIDE THE COMMUNITY AVAILABLE FOR SALE
TO MOVE FORWARD: BUYER AND BUYER'S AGENT/CONSULTANT SIGNED ASSET SPECIFIC NCND AND MASTER FEE AGREEMENT, BUYER SIGNED ASSET SPECIFIC LETTER OF INTENT (LOI TO INCLUDE FIRM PURCHASE PRICE, DUE DILIGENCE PERIOD, CLOSE OF ESCROW DATE AND EMD INFORMATION). BUYER TO PROVIDE A BUYER'S COMPANY WEBSITE AND INFORMATION OF OFFICE BUILDING(S) THAT THEY OWN IN THEIR PORTFOLIO. BUYER IS ENCOURANGED TO PROVIDE A PROOF OF FUNDS WITH THIS BUYER'S PACKAGE OR THE BUYER MAY PROOF UP TO THE SELLER'S SIDE DIRECTLY. PLEASE NO TRANSACTIONAL FUNDING.
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