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All Forum Posts by: Dimitra Manou

Dimitra Manou has started 82 posts and replied 146 times.

Quote from @Mauricio Florian:
Quote from @Dimitra Manou:

I have land under contract approved for 60 multi-family units in Ocala. There is a highway nearby and some well-known businesses.

The land is 2.75 acres. There aren't many comps for something like this. I have an asking price in mind but this kind of land in this location is pretty unique. I think that's a deal. What do you think?


 Hey Dimitra, I hope all is well. I would recommend reaching out to either a Real Estate Agent who is experienced in investor clients and can give you an idea on parcels similar in the surrounding cities that is similar to that. Also making sure that you have the right team that can fully execute the construction of the units is the ideal situation. If you need any help with the financing or have any questions, we will be more than glad to help you with your specific goals. 


 Thank you Mauricio for your response. I'm actually want to wholesale this deal and yes a real estate agent would be helpful. Thank you!

Quote from @John O'Leary:

Hi Dimitra, 

I own property in Ocala so Im familiar with the area. What's the asking price?


 Hello John,

The asking price is $400K

I have land under contract approved for 60 multi-family units in Ocala. There is a highway nearby and some well-known businesses.

The land is 2.75 acres. There aren't many comps for something like this. I have an asking price in mind but this kind of land in this location is pretty unique. I think that's a deal. What do you think?

Post: 60 Units multifamily land in Ocala

Dimitra ManouPosted
  • Investor
  • Posts 157
  • Votes 17
Quote from @Pam Krull:

I may know someone who can help, DM me.


 Ok. Thank you!

Post: 60 Units multifamily land in Ocala

Dimitra ManouPosted
  • Investor
  • Posts 157
  • Votes 17

I have land under contract approved for 60 multi-family units in Ocala. There is a highway nearby and some well-known businesses. 

The land is 2.75 acres. There aren't many comps for something like this. I have an asking price in mind but I don't know if it's too low or too much. 

Post: Commercial multifamily property

Dimitra ManouPosted
  • Investor
  • Posts 157
  • Votes 17

Hello. I'm looking for a commercial multifamily property, occupied and cash flowing.
No D neighborhoods. C seems to be better. High cap rate and 5 – 50 units for 4M and under.

I'm looking for those nationwide but I prefer FL. 

Thanks.

Post: Wholesaling out of state properties

Dimitra ManouPosted
  • Investor
  • Posts 157
  • Votes 17

You can find either an agent or another wholesaler. About the pictures, you can hire a photographer.

I usually offer them $1,000 you can offer $800. 

Post: Commercial agent or broker

Dimitra ManouPosted
  • Investor
  • Posts 157
  • Votes 17

I'm looking for a commercial, investor friendly agent or broker in FL.

Post: Land deal near Orlando

Dimitra ManouPosted
  • Investor
  • Posts 157
  • Votes 17

In Poinciana. Great. I'll DM you. Thank you

Post: Land deal near Orlando

Dimitra ManouPosted
  • Investor
  • Posts 157
  • Votes 17

Hello,
I currently have a purchase and sales agreement under contract.
10,036 sqft 0.22 Acres $54,000
Utilities water / Sewer - to be completed in 2 months by city
Land is 70% filled and ready to build
There are 5-10 new small trees that have grown.
1.There are no Taxes, Liens or Violations on this vacant land.

2.Great for a Single family home and it could be one or two stories.The lot has been plated and zoned for either single family home
or a two-family home. Cannot be subdivided

3. HomeOwners Association and the Annual Fee is $301 per year per lot or house.
This could be paid monthly, quarterly or annually.

4.Residential single family impact fees are 12,825$
Multi family / duplex is 8k$ on each section of the home.

5. Water department:
Meter installation of the water for the land would be
325$ once application is filled up.

Florida Power and Light:
58$ for electric meter installation.


The sewer and water installation will be completed in 2 months and the price is going to be higher. Most of the buyers want to be already installed before they buy it. But isn't it a better investment for them to buy it before the installation is being completed?