Property Details

TITLE:
French Riviera Condo
CONTROL:
Buyers Broker
VALUE:
$535,000
LOAN:
$0
EQUITY:
$535,000
TYPE:
Resort Property
HAVE:
Condo for investment and/or personal use in Cannes (beautiful waterfront major European conference city).
WEBSITE URL:
ADDRESS:
8 place du commandant maria, Cannes, United States Minor Outlying Islands
BENEFITS TO NEW OWNER:
Beautiful French Riviera Investment for 3 to 5 major conference Personal Use remainder of time Possible Seller Financing
GROSS SCHEDULED INCOME:
$50,000 Projected
VACANCY LOSS:
$1
GROSS EFFECTIVE INCOME:
$49,999
EXPENSES:
$20,000
NOI:
$29,999
DEBT SERVICE:
$0
CASH FLOW:
$29,999
CAP RATE:
5.61%
REMARKS:
Opportunity to own an investment fully furnished and/or personal residence in South France. Within 1 kilometer to all convention center, beach, shops, train, and restaurants. Balcony on both sides of condo with park and city views.
COUNSELOR:
Theresa Mueller
Trelleum Real Estate
132 N Washington
Naperville, Illinois, 60540
Cell: 630-715-9999