Cheap properties

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512-UNIT - "OFF-MARKET" - COLORADO SPRINGS - CLASS "B" PROPERTY - CLASS "B+" AREA

GREAT INVESTMENT - "CASHFLOWING" PROPERTY

 Pete Newcome

707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

http://wholesalepropsbypete.com 

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512-UNIT - OFF-MARKET - COLORADO SPRINGS - CLASS "B" PROPERTY - CLASS "B+" AREA
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Cheyenne-colorado_springs-colorado-208-units
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Windmill-colorado_springs-colorado-304-units
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Cheyenne Crest

Number of Units - 208
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Asking Pricing      -  $18,750,000
OCCUPANCY        -  87%
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Investor & End of Year One Returns
Current NOI  -  $1,226,072
Current CAP Rate  -  6.54%
Current Cash-on-Cash Return  -  6.46%
End of Year One NOI  -  $1,338,875
End of Year One CAP Rate  -  7.14%
End of Year One Cash-on Cash Return  -  8.22%
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Windmill

Number of Units - 304

Asking Price    -   $19,000,000
OCCUPANCY  -     95%

Investor & End of Year One Returns
Current NOI  -  $1,251,742
Current CAP Rate -   6.59%
Current Cash-on-Cash Return  -  6.63%
End of Year One NOI  -  $1,332,422
End of Year One CAP Rate  -  7.01%
End of Year One Cash-on Cash Return -   7.86%

736-UNIT - METRO DENVER - "OFF-MARKET" - THREE (3) COMPLEXES - 6.5-CAP - CLASS "B" PROPERTIES - CLASS "B+" AREAS

GREAT INVESTMENT - "CASHFLOWING" PROPERTY

 Pete Newcome

707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

http://wholesalepropsbypete.com 

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736-UNIT - METRO DENVER - "OFF-MARKET" - THREE (3) COMPLEXES - 6.5-CAP - CLASS "B" PROPERTIES - CLASS "B+" AREAS      
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Area Description

3 Complexes - Total of 736-units - Buy "1" or Buy All "3" - Class B Properties in Class B+ Areas of Metropolitan Denver, Colorado.

Occupancy Rates Are 90%, 94% and 96%, Respectively. Recent Upgrades With Room For Further "Upgrades" (Value-Add).


Preserve at City Center

Number of Units - 296

Asking Price  -   $24,250,000
OCCUPANCY -   90%

INVESTOR & END OF YEAR ONE RETURNS
Current NOI   -   $1,365,878
Current Cap Rate   -   5.63%
Current Cash-on-Cash Return   -  9.50%
End of Year One NOI   -   $1,440,842
End of Year One CAP Rate   -   5.94%
End of Year One Cash-on-Cash Return-I/O   -  10.70%

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Park at Canyon Ridge

Number of Units - 272

Asking Price $25,000,000
OCCUPANCY - 96%

INVESTOR & END OF YEAR ONE RETURNS
Current NOI   -  $1,429,221
Current CAP Rate   -  5.72%
Current Cash-on-Cash Return  -   9.82%
End of Year One NOI   -   $1,524,444
End of Year One CAP Rate   -   6.10%
End of Year One Cash-on Cash Return  -  11.30%

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Ridge at Mountain View

Number of Units  -  168

Asking Price  -  $18,000,000

OCCUPANCY  -  94% 

INVESTOR & END OF YEAR ONE RETURNS
Current NOI  -   $1,026,240
Current CAP Rate   -  5.70%
Current Cash-on-Cash Return   -  9.76%
End of Year One NOI    -   $1,119,578
End of Year One CAP Rate   -  6.22%
End of Year One Cash-on-Cash Return-I/O  -   11.78%

 

 

 

14-UNIT-(OFF-MKT-LIMITED TIME!)-CAP-7.15%-$625K-PRICE-$44K/UNIT - PHOENIX-AZ

GREAT INVESTMENT - "CASHFLOWING" PROPERTY

 Pete Newcome

707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

http://wholesalepropsbypete.com 

Fireshot_capture_123_-_wholesale-props-image-of-pete_-_no_click-4-video
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14-UNIT - (OFF-MKT-LIMITED TIME!) - CAP - 7.15% - $625K-PRICE -$44K/UNIT - PHOENIX-AZ
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RITZ TOWERS - PHOENIX-ARIZONA


INVESTMENT HIGHLIGHTS:

 

:: LIST PRICE:    $625,000

:: Price per unit: $44,643

:: Price per sf: $93

:: Cap rate: 7.15%

:: terms: All cash

:: Units: 14

:: Year built : 1967

 

• Strong Downtown Phoenix Rental Market

with High Barriers to Entry

• Charming Mid-Century Modern Style

Community

• Immediate Rent Upside

• Low Maintenance Property

• Gated Community

 

• Easy Access to Interstate 10 and Metro

Light Rail

• Proximity to Arizona State University

Downtown Campus and the new Arizona

State University Biomedical Campus

• New roof installed in 2009 with 10 year

warranty and new boiler installed in

2010

 

RITZ TOWERS -IS A 14-UNIT GARDEN-STYLE APT. COMPLEX - PHOENIX-ARIZONA

 

Community located in a dynamic downtown

Phoenix neighborhood. Built in 1967, the

property is made of block construction with

built-up roofs with tile mansards and is mastermetered

for electricity with sub-meters in

use. The property features spacious studio

and one-bedroom townhouse style floor plans

that range from 425 to 800 square feet. The

interiors of the units have been renovated

and the majority of the units have updated

appliances, ceramic tile counter tops and

hardwood flooring.

 

Ritz Towers is centrally located in downtown

Phoenix, just west of Seventh Street and

north of Interstate-10. The property is within

walking distance to The Metro Light Rail station

located at Willetta and Central Avenue and the

community is surrounded by numerous office

high-rises, entertainment, sports, education,

cultural, restaurant, hotel and retail facilities.

Notable nearby uses include the new ASU

Biomedical Campus, Arizona State University

Downtown Campus (13,000 students),

CityScape, US Airways Arena (Phoenix Suns),

Chase Field (Arizona Diamondbacks), Collier

Center and Phelps Dodge Tower, just to

name a few. Downtown Phoenix is home to

approximately 95,000 jobs and boasts the

highest rental rate of all 30 metro Phoenix

apartment submarkets

 


 

 

 

 

660-UNIT - CLASS-A/LUXURY - APT. HOMES - (NOT ON LOOPNET) - 85%-OCCUP. - SPACIOUS - TEMPE-ARIZONA

GREAT INVESTMENT - "CASHFLOWING" PROPERTY

 Pete Newcome

707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

http://wholesalepropsbypete.com 

 

 

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CLASS-AAA/LUXURY APT. HOMES -

TEMPE-ARIZONA ===>

600+ UNITS, spread across 30+ self contained acres. ===>

35+ buildings on property.

Renovated in 2008 - more than 17MM spent. ===>

4 swimming pools (2 completely new or 2 rehabbed luxury pools), 1 tennis court. ====>

LOCATION: NEAR ARIZONA STATE UNIVERSITY + PHOENIX'S METRO LIGHT RAIL. ===>

85% occupancy. ===>

Buyer-signed NCND needed to release address, rent roll, and other financials. ===>

PRINCIPALS ONLY!

 

 

 


 

104-UNIT - OFF-MARKET - UNPRICED - CLASS-A/LUXURY - COCONUT - FLORIDA

GREAT INVESTMENT - "CASHFLOWING" PROPERTY

 Pete Newcome

707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

http://wholesalepropsbypete.com 

 

(download)

 

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 26 units - currently are rented

The "remaining" units - there is a waiting list

The already-leased 26 units - are priced @ $169k each (if bought in bulk - priced @ $129k-each)

A buyer can purchase ALL 26 units that are now rented - in bulk

The rents -

1/1 - $1,000/mth

2/2 - $1,300-$1,500/mth

 

 

 

68-UNIT - OFF-MARKET - 9-CAP - 95%-FULL - VILLAGE SQ. - OCALA-FL

GREAT INVESTMENT - "CASHFLOWING" PROPERTY

 Pete Newcome

707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

http://wholesalepropsbypete.com 

Fireshot_capture_123_-_wholesale-props-image-of-pete_-_no_click-4-video

Address:

1715 NE 36th Avenue
Ocala, Florida  34470

Number of Acres: 1.5

Square feet: 55,000

Number of Units: 68

Number of Bedrooms: 136

Number of Bathrooms: 68

Sale or Lease: Sale

How to Access property:
pbnproperties@gmail.com --- 707-799-5299-cell

Directions: View Map

 

Information:

 

 

Asking Price: $4,625,000


Number of Units: 68


$1,100,000 In Renovations, Completed 2010


9% Actual Cap Rate


Construction Style: 7 Two-Story Buildings


Concrete Block


Property Address: 1715 NE 36th Avenue

Ocala, Florida, 34470

Marion County

Unit Mix: (24) 1bed/1bath – 769 sq ft

(20) 2bed/1bath – 1,002 sq ft

(8) 2bed/1.5bath – 1,260 sq ft

(16) 3bed/2bath – 1,370 sq ft

Amenities: Attractive Pool, Children’s Play

Area, Laundry Facility, Picnic Tables and

BBQ Area

Asphalt Shingle Pitched Roofs

102 Total Parking Spaces Convenient to Each
Individual Unit

*Assumable Financing Available –
ONLY 3-4 weeks for loan assumption

 

The development site is located in the central portion of Marion County, near the eastern edge of the city of Ocala. Approximately 8 miles east of I-75. Interstate 75 is the principal north-south connector in the Central Florida area, linking Tampa and Jacksonville. The positive elements associated with the development include the size of the location which allows a variety of development opportunities with relatively good access and visibility.


Located on the east side of NE 36th Avenue, 2 blocks north of Silver Springs Boulevard (US Highway 40). NE 36th Avenue is a north-south collector street serving the area. The development has good visibility due to its long frontage along NE 36th Avenue.


Travel South West from Ocala in just under 100 miles to Tampa where Busch Gardens is located and the Tropicana Field where the famous football and hockey games are housed each year. Just under 89 miles from Ocala heading South East, is the famous Orlando area, which is home of Magic Kingdom and the many other large theme parks. Directly South of Ocala in just under 114 miles is Winter Haven, soon to be home of the New Lego Land and CSX Terminal Railways.


Ocala offers numerous activities such as boating, snorkeling, fishing, golfing, theatre, shopping and even a few famous faces, such as John Travolta owns a home here? You should discover it to as it has so much more too offer!

 

76-UNIT - OFF-MARKET - 9-CAP - 97%-OCCUP. - WINTERHAVEN/TAMPA-FL

GREAT INVESTMENT - "CASHFLOWING" PROPERTY

 Pete Newcome

707-799-5299/cell
San Rafael, CA

CA - DRE# - 01281179 

http://wholesalepropsbypete.com

 

Fireshot_capture_123_-_wholesale-props-image-of-pete_-_no_click-4-video

 

Address:

3137 Woodhill Road
Winterhaven, Florida  33881

Number of Acres: 2

Square feet: 74000

Number of Units: 76

Number of Bedrooms: 152

Number of Bathrooms: 76

Sale or Lease: Sale

List Price: $4,850,000

How to Access property:
pbnproperties@gmail.com --- 707-799-5299-cell

Directions: View Map

Information:

 

Property Summary

Asking Price: $4,850,000

Number of Units: 76

$400,000 In Renovations, Completed 2010

9% Cap Rate

Construction Style: 38 Duplexes – One Story

914 Square Feet Each Unit

Concrete Block

Property Address: 3137 Woodhill Road
Winter Haven, Florida 33881
Polk County

Unit Mix: All Units - 2 Bedroom/One Bathroom

New Asphalt Shingle Pitched Roofs

Washer/Dryer in Units

Individual Electric Meters, Hot Water Heaters

4 Parking Spaces Per Unit – 304 Total Spaces

*Close To New LegoLand Location & CSX
Terminal Station


Woodhill Estates is located in the central portion of Polk County, approximately10 miles south of I-4.
Interstate 4 is the principal east-west connector in the Central Florida area, linking Tampa and
Orlando. One of the positive elements associated with the site include the size of the site which allows
a variety of future development opportunities with relatively good access and visibility.


The significant features of the neighborhood include several smaller industrial parks to the west
along NW 42nd Street. The Polk County Sheriff’s Department has a large facility in the neighborhood.
There is a large facility, estimated at 200,000 SF, that manufacturer’s wood product operated by
Carpenter Contractors of America. There are restaurants and other strip commercial facilities along
Havendale Boulevard.


Among the significant recreation attractions in the region are Universal Studio, Disney World and
Seaworld. Tampa has Busch Gardens and other minor attractions. Winter Haven is the new home of
LEGOLand of Florida, a theme park being built on the site of the former Cypress Gardens. This facility
alone is expected to create 1,000 new jobs in the area once it is fully functional.


The principal concentrations of office buildings are found in the central business districts of Orlando
and Tampa. The major shopping centers are found throughout the region. The Winter Haven area has
the Citi Center Regional Mall and several other malls. Winter Haven is also benefiting from the
nearby construction of a major intermodal distribution center being built by CSX. This center has
about a 1,000 acres of surrounding land zoned for industrial and distribution facilities. Once the
center is operational it is anticipated that some 8,500 jobs will result.

 

 

About

I am a licensed realtor with a primary focus on the Phoenix, Arizona + Tampa/Orlando areas for solid WHOLESALE cash-flowing, multi-family properties.

I work with the largest wholesaler in Arizona, so if you're interested in bargain multi-family properties in the Greater Phoenix-AZ area - please feel free to contact me. I also collaborate with a very savvy broker in Florida to offer multi-family properties at below-market prices with strong cash-flowing performance.

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