BiggerPockets

26 unit Project total Rehabbed Need OUT

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4 posts by 4 users
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Walter Macapaz

General Contractor from Houston, Texas

Nov 11 '08, 04:53 PM


I recently completed this 26 Condo conversion project near in one of Houstons finest location, Woodland Heights. After spending nearly $1.8 million and needing to proceed with my larger contracts, I need out of this current project.

* Approx. 18,000 sq.ft. Net Rentable Area
* 12 - 2 Bedroom/ 1 Bath Units, 600 sqft; Expected rent - $750
* 14 - 1 bedroom/ 1 Bath Units, 800 sqft; Expected rent - $900

Converted to Condos (7/2006) • 26 UNITS (12 -2/1s @ 800 sqft & 14 - 1/1s @ 600 sqft)

• "Down to the studs" Rehab • New A/C, Roof, Electrical, Plumbing, Stainless appliances, & Bamboo floors

• Granie Coutnertops and new Cabinets! • Great Location


Edited Jun 26 2010, 06:21


Konrad Young

Real Estate Investor from Chicago, Illinois

Jun 02 '09, 10:03 AM


Hello Walter.
Is this opportunity still available?

Please provide me with more specifics.

Thanks,

Konrad Young
[CONTACT INFO REMOVED]


Edited Jun 26 2010, 08:26 by Moderator: use signature for contact info


Joel Soforenko

Real Estate Lender from Boston, Massachusetts

Jun 02 '09, 10:28 AM


Walter, Konrad and I need your contact information so we can talk directly to you. And, if either of you have the need for hard money or a commercial mortgage, I work with lenders who fund projects in all fifty states.


Edited Jun 26 2010, 08:26


Renae Bliss

Real Estate Agent from Milwaukee, Wisconsin

Jun 06 '09, 03:17 AM


I am always interested in new, lucrative opportunities, as well as finding funding for deals in WI! Contact me! [REMOVED]


Edited Jun 26 2010, 08:28 by Administrator: Email removed as per forum rules.


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