TITLE:
Quaint Vacation Units By The Beach - Sicily (Italy)
CONTROL:
Exclusive
VALUE:
$125,000
LOAN:
$0
EQUITY:
$125,000
TYPE:
Homes/Condos
HAVE:
Quaint Vacation Units in the heart of Forza D'Agrò, location of famous "Il Padrino" movie, just 1.5mi from the sea, 3mi from the splendid Sant'Alessio beach, and 10min from famous Taormina. Property split into 2 fully furnished units. Perfect for AirBnb!
WEBSITE URL:
ADDRESS:
Via Grutta 26, Forza D'Agro' (Messina), California
BENEFITS TO NEW OWNER:
Property comes split in 2 independent Units, both renovated and fully furnished. Perfect use for AirBnB and Vacation Home.
.jpeg "Quaint Vacation Units By The Beach - Sicily (Italy)")
.jpeg "Quaint Vacation Units By The Beach - Sicily (Italy)")
GROSS SCHEDULED INCOME:
$27,000 Projected
VACANCY LOSS:
$5,000
GROSS EFFECTIVE INCOME:
$22,000
EXPENSES:
$6,750
NOI:
$15,250
DEBT SERVICE:
$0
CASH FLOW:
$15,250
CAP RATE:
12.20%
BENEFITS SOUGHT:
Seller is looking for cash sale to purchase their forever home in Umbria (Italy). Standard Sale.
CAN ADD:
Seller can add scooter to the sale. Might add condo in Liguria (Italy).
REMARKS:
Property is NOT located in California. Property is in Sicily, Italy. Agents/Brokers licensed in California and Italy.
COUNSELOR:
Cornelia Schepis
Schepis Group
Los Angeles, California, 90068
