Bargain Huge Townhouse / Investment deal

Huge Florida townhouse available at a reduced price.  Small, 30-unit, neighborhood with gated entry has a community swimming pool.  Built in 2007, the residences originally sold for upper $250s to $332,000.

This property has just been rented. Net income produces a 6% return on investment based on a purchase price of $190,000. (That's about 3 times what your money earns by sitting in the bank!) That is not speculative income, the tenant is already in place.

This is not a short sale. There is no indefinite wait for the bank to potentially raise the price or not approve the deal.

This townhome features high ceilings, granite kitchen counters, garage, storage room, patio and all appliances.

All 3 bedrooms are located on the 2nd floor.  The master bedroom features its own den, bathroom with shower and tub, and huge walk-in closet, making it an enormous master suite.

Seller has other units in the same community available for Lease/purchase or rent-to-own deals. Owner is a real estate agent.

Serious buyers only, please.

Jeff Morris

Drake Alexander Realty Group, Inc.

561-988-2502