OFF MARKET ASSETS IN FLORIDA (LATEST)

[Jensen Jeune]

65 Duplexes - 130 Total Units

Ft. Myers Area, Florida

ASKING: $8,900,000

Package of 65 Duplexes

Total of 130 Units

Turn-Key

$68,462 Per Door

65 Individual duplexes totaling 130 units consisting of 68 Three bed, Two bath Units, AND 62 Two bed, Two bath units, all newer construction beginning '2001 and newer. No HOAs.

Current Monthly Income with 2 Vacancies $96,167 - current rents are slightly below market and can be increased; annual leases in place and properties in good condition.

Currently operating at 13% gross ROI

Property Management in place at 8%

99% of the buildings have separate elec meters but 1.02% do not

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NORTH EAST MIAMI, FL

199 UNITS

1,2 & 3 BEDROOM SUITES

NOI: $1,880,023

PRICE $32M + FEES

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SOUTH DADE OFFICE BUILDING

21 UNITS

100% OCCUPIED

BUILT 2007

GOOD STEADY CASH FLOW

8% CAP RATE

PRICED AT $2,350,000

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An NCND/MFA with a Biography, non-binding Letter of Intent and/or non-invasive Proof of Funds (2 of 3 will be sufficient) the prerequisites that need to be submitted in order for additional details to be released to prospective clients.