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Forums » Make Deals, Find Partners, Mentors & BirdDogs, etc. » 4 Unit $290,000 Negotiable, Orange County NY

4 Unit $290,000 Negotiable, Orange County NY Subscribe to 4 Unit $290,000 Negotiable, Orange County NY

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Tag Tags: orange-county-ny 4-unit-4-sale


Daryl A.

Real Estate Investor · Queens, New York


Forum_avatar_avatar-daryl_a

Sep 25 '10, 07:10 AM

Property for sale. 4 units. Two family and 2 stores. Rents $2800 monthly. Good standing tenants/business. Great area of Port Jervis, Orange County NY. Near PA, NJ, and NYC. Cash buyer or must be able to close in 30 days. $290,000, negotiable. Contact me for more details.


Mitch Kronowit

SFR Investor · Orange County, California


Forum_avatar_avatar-planeguy67

Donor

Sep 25 '10, 09:55 AM

You had me until I read Orange County NY!!!

Haul it over here to Orange County, CA and you'll get $290,000 in about 3 nano-seconds.

Best of luck with the sale. Maybe those American Chopper guys might be interested. :wink:


James Harkness

Real Estate Lender · Philadelphia, Pennsylvania


Forum_avatar_avatar-jph03001

Sep 25 '10, 10:00 AM

Not trying to be discouraging, but this seems a bit overpriced for a 4 unit, mixed use property in Orange County. I have seen the values of several properties in the portfolio of commerical assets I manage in Orange County, NY drop drasically in the recent years.

Why the 30 day close? What is your role in the sale? Do you have the property under contract and you are wholesaling? Are you the current owner/landlord? It doesn't seem to me like anyone without cash will be able to close in 30 days, especially on a commercial property. And even cash buyers are going to need a period of due diligence...


Daryl A.

Real Estate Investor · Queens, New York


Forum_avatar_avatar-daryl_a

Sep 25 '10, 12:45 PM

Haha, thanks Mitch

James, price is negotiable. I have property under contract. Owner looking to move asap. Maybe able to extend listing, but thought it wouldn't hurt to ask for some urgency. If you are interested, throw me an offer. Thanks


Daryl A.

Real Estate Investor · Queens, New York


Forum_avatar_avatar-daryl_a

Nov 28 '10, 12:25 PM

Price has dropped to $240,000..!




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