TITLE:
Brand New Gulf Coast Home
CONTROL:
Owner
VALUE:
$217,127
LOAN:
$0
EQUITY:
$217,127
TYPE:
Resort Property
HAVE:
Brand new manufactured home on deeded land in an upscale 55+ community in North Port, FL.
ADDRESS:
127 Nautical Drive, North Port, Florida
BENEFITS TO NEW OWNER:
Looking to use equity to trade into a deal.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$602
NOI:
$-602
DEBT SERVICE:
$0
CASH FLOW:
$-602
CAP RATE:
0.00%
BENEFITS SOUGHT:
move through this asset and activate equity
CAN ADD:
2 Single Family Homes in FL
REMARKS:
We will use this equity to buy or JV a deal.
COUNSELOR:
Peter West
Bishop West Real Estate
724 Shamrock Blvd
Venice, Florida, 34293
