TITLE:
COAST TO COAST LAND PACKAGE
CONTROL:
Exclusive
VALUE:
$1,620,000
LOAN:
$300,000
EQUITY:
$1,320,000
TYPE:
Land
HAVE:
An assemblage of land in 5 states. 4 residential lots in Port Townsend, WA; 20 lots in Cortez, CO; 670 acres in NV, 5 commercial lots in Atlanta GA, 220 acres in McIntosh, NM.
ADDRESS:
Rosencrans St. & 2nd St, Port Townsend, Washington
BENEFITS TO NEW OWNER:
Free and clear land to hold while the dollar declines in value. Upside from improving and building.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$4,000
NOI:
$-4,000
DEBT SERVICE:
$0
CASH FLOW:
$-4,000
CAP RATE:
0.00%
BENEFITS SOUGHT:
Activate my equity in properties I took in exchange
CAN ADD:
Notes, residential income properties, cash, liquor store business.
REMARKS:
I am a Buyer with these pieces of land. I will use them as down payments or add them as extra collateral for 100% financing. Values can be delivered as small as $20k. If you don't want the land, I might buy it back with paper.
COUNSELOR:
Blake Allen
Allen Realty
108 Canon Ave
Manitou Springs, Colorado, 80829
