17 Unit condo bulk sale, Asbury NJ

[Travis Cotter]

17 Unit Bulk Sale!

Re-development area of Asbury

$1,400,000

(17) Units as a Package. Sale Consists of the Following:

(2) Studios, One Fully Finished, One Un-renovated.

Two -Bedroom Unit - Unfinished.

(14) One Bedroom Units - One Fully Renovated, Two

95% Finished, Eleven – Unfinished.

Off Street Parking is Provided for Every Unit,

Common Areas are 100% Complete.

Renovation Costs Estimated at $325,000.

Total Investment $1,725,000

Est. ARV @15% discount of Market Value:

$2,295,000 (quick sale)

28% Cash on Cash ROI

Est CAP Rate-8-10% for buy/hold

[Edward Munzer]

   Travis,    Trying to contact you again on this 17 unit condo package.   Please reach out and let me know if these are

                 still on the market.  I'm interested.    Need to get particulars as well as address.  Please respond

                preferably  by phone.  Thanks!     Ed        609-917-5089 

[Ankit Duggal]

Travis

Do you have a project setup and cost estimation of how much is needed to finish the unfinished units? Are all the units within one building? 

Regards

Ankit 

[Edward Munzer]

  Hey Travis,     Please send me more info on the condo bulk sale  in Asbury.  Taxes, insur,  etc.

                                                                                                    Thanks     Ed Munzer    609-917-5089