« Deutsche Bank Trading Desk – Financial Instruments – BRPD Member Post Florida Distress Notes – 475m – Offers – SOLD »
80 Unit Condo Conversion – 55% LTV – SOLD
Category: Member Offerings
These are not REO, but one heck of a deal. My client had to pass up on this deal cause not enough liquidity at this time. We have only 48 hrs on this one too.
Buyer wanted. Letter of Intent and Proof of Funds needed to start transaction.
Interested buyer will speak with the SELLER to negotiate. Another good one!
I have an extension now till 48 hrs then it is being fed it to the dogs!!
This is Regency Gardens in Orlando. This is in Orlando 80 units $13.8 AV at approx .50% approx $6.6 approx 90% leased
Property Name: Regency Gardens
Property type: Condo Conversions
Number of units: 80
Number of units Rented/Leased: 73
Appraised value: $13,794,200
Buy at % - 55%
Approx buy price: $7,586,810 (.55%)
City, State: Orlando, FL
Florida Distress Notes - 475m - Offers - SOLD
Comments Off
- Gary Martin, Allied Investments
- Mr. Ronald Bayer - First
Financial Investing 
-
Mr. David Byrns - President - REF4 Funds.
- Debra Tillman 
M. Cameron - Charlotte NC
