531 N US HIGHWAY 17 92

Property Overview

About This Property

COMMERCIAL REAL ESTATE FOR SALE WITH SELLER FINANCE!! NOW OFFERING SECOND POSITION MORTGAGE FINANCING AT 30 PERCT. SO YOU CAN BORROW THE REST FOR THE LENDER IN FIRST POSITION!!! *****ABSOLUTELY NO LOI (LETTERS OF INTENT) WILL BE ACCEPTED. THEY WILL NOT EVEN BE VIEWED, AND WILL BE TRASHED, INSTANTLY. ALL OFFERS ON COMMERCIAL FARBAR CONTRACTS WITH PROOF OF FUNDS ATTACHED***** **************** **************** **************** $1,239,000 and SELLER FINANCE with $600,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! HEAVY CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!! **THIS IS FOR FIRST MORTGAGE POSITION!** **************** **************** **************** **************** Option 2: Seller Finance with only $260k down, but at 8 Perct interest amortized at 25 years with a 36 month balloon. Or 10 Perct interest for a 60 month balloon. This is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans, as NO BANK will finance you for just 20 Perct down on an investment commercial property!! Don’t miss out! Payments amortized at 25 years. **************** **************** **************** Option 3: Seller Will take a 2nd position mortgage at 30% and you can borrow for a first position from a lender!!! **************** **************** **************** **************** Option 4: The "CASH ME OUTSIDE" option!!! Knock off $100K from the price and let's get closed in 30 days!!! What a great deal and way to 1031 Exchange into a cash-flowing asset rather than rushing just to hold a useless property just to avoid capital gains!!! Don't sleep on this one!!! **************** **************** **************** **************** **************** NOI: $123,900 (net operating income) which includes seller leaseback of a few of the units. 10 Cap!!!!!!!! Once seller leaseback terminates in 5 years, your NOI will be about $200k!! Which is a 16 Cap!!!!! Leases also have 10 Perct Annual Rent Escalations built-in, so your NOI will soar over time!! Price lowered tremendously with this new deal structure/leaseback!! Acquire the property for far less money than the original price and your return is still pretty nice off the bat, and once the leaseback terms out, you will be earning even more at around $200k+ which is an even better return. **IF YOU DO NOT WANT A LEASEBACK TO THE SELLER, WE CAN WORK OUT A HIGHER NUMBER TO MAKE THAT MAKE SENSE, TOO!! 16 Cap Rate of return is up for the grabs right now if we eliminate the Seller Leaseback** Don't miss your chance to dance! **************** **************** **************** **************** 15-Unit Retail building. Frontage of 6-lanes of traffic on US Hwy 17-92. North Orlando FL area. So close you can walk to the auto auctions! (AutoNation Auto Auction and Orlando Longwood Auto Auction) Tenants are auto dealers. Perfect chance to set up a dealership and make money on rent and cars!! We can also include in the sale helping you set up your very own auto dealership!!! Building recently renovated so looks new inside. No nasty carpet anywhere. LVP & tiled floors.

Property Details

Listing Information