TITLE:
4 PORT TOWNSEND, WA RESIDENTIAL LOTS
CONTROL:
Owner
VALUE:
$220,000
LOAN:
$0
EQUITY:
$220,000
TYPE:
Land
HAVE:
Four lots to build houses in desirable Port Townsend, WA, on the Olympic Peninsula, a ferry ride to Seattle.
ADDRESS:
Lots 13, 14, 15, 16 Block 1, Laurel Shade Subdivision, Port Townsend, Washington
BENEFITS TO NEW OWNER:
Add value by developing lots and building homes. I am a Buyer with these and will bring additional benefits to your property or project.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$950
NOI:
$-950
DEBT SERVICE:
$0
CASH FLOW:
$-950
CAP RATE:
0.00%
BENEFITS SOUGHT:
Activate this passive equity into something closer to home.
CAN ADD:
Colorado Springs Duplexes, Notes, more land in CO or NV, cash, MHP in Illinois, Indiana commercial building, creative solutions to your problems, 1031 paper, cash
REMARKS:
I would like to give this to your client as option consideration. Local demand for homes. Use this property and Can-adds to solve your client's problem. I would trade it for a note, even a second note or a share in your deal.
COUNSELOR:
Blake Allen
Allen Realty
108 Canon Ave
Manitou Springs, Colorado, 80829
