Builder Closeouts

Department Resources

42 New Multi Unit Cape Coral Florida – SOLD
Pine Key Condo’s 42 units, first 14 units sold for $159k a door, I am selling the remaining 42 brand new 2/2 units for $55k a door. Buyer will own the complex, collecting HOA from the other 14 units.
$2,310,000.00 + 4% FEE…
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Florida – Opportunities – Member Post – May 09 – SOLD
NEW: 53 condos/Orlando – 65k/ea. MY ASSOCIATE IS DIRECT TO THE SELL REP FOR DEVELOPER. ADD 3%
NEW: 59 condos/Orlando – 42.5k ea. – need to move quickly/may have contract soon – MY ASSOCIATE IS DIRECT TO SELL REP/SELL REP. THERE IS 3% PAID BY SELLER.
NEW: 37 new condos/Orlando – 60% off current appraisals – Dr. [...]
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NV Bank Owned Condos with Financing – SOLD
We have 24 bank-owned, luxury condos in Las Vegas, NV. They are all on the Golf Course with incredible views. The bank had an Appraisal done 3 months ago; it came in at $16.5M – they are selling for $9M.
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Builder Closeout 131 Units 30% LTV – SOLD
Direct to the owner of this project. The development has 300 units of which 131 remain unsold.
Development consists of 17 3-story buildings, built in 1991, with all amenities, including 2 pools, tennis courts, fitness center, clubhouse, etc.
The retail pricing for the remaining unsold units is close to $25,900,000.

The deal gets done at $7,860,000 ($60,000 per [...]
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Tx – 1 Million builder closeout
65% LTV builder closeouts in Ft. Worth, TX.
Comps Available to members by request.
Here are the addresses & numbers:
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