8648 Waynesburg Drive SE
By order of special servicer, this REO asset must be sold.
Dark anchor neighborhood center ordered to be sold at auction. Property is subject to a land lease with 52 years remaining. See diligence vault for all pertinent documents. Great opportunity for value-add retail developer to take over the site and re-tenant.
7838 Dixie Highway
Confidential Sale- Do not approach boating customers
•Gas and Diesel Pumps
•Laundry Room and Stocked Vending Machines
•Picnic Area and Playground
•Clubhouse with Conference Rooms, Offices and Captain’s Lounge
Visit Diligence Vault for financials.
Original investment over $7,500,000. Current owners are not operators so there is upside with hands on management and expansion of services.
1107 W Pleasant Run Road Desoto, TX 75115
Custom built estate home with over 15,000 square feet of living area sitting on almost 5 acres of land. Improvements include pool, spa, huge home gym (no equipment comes with sale), indoor bowling alley, and 5 bedrooms.
Property is being sold ‘As-Is’ with no inspection or financing contingencies. Buyer may obtain a loan, but sale is not contingent on financing approval. Home is tenant occupied on a month to month basis and nobody will be permitted access. Do not attempt to gain access as it is a criminal offense to trespass. Disclosures, lease documents, and other property information is available by clicking the diligence link and executing a NDA. Tenant is month to month and seller will not deliver the home vacant at closing (buyer responsibility).
25 Vista Drive, Morgan's Point Resort, TX 76513
NEW CITY/COUNTY APPROVED SEPTIC SYSTEM!!
14735 Lorain Avenue
Zoning variance for self storage exists. Ideal self storage development site with excess land and major street visibility
601 SW Industrial Drive
80,000 square foot manufacturing, storage, offices, loading docks and multiple 3-phase electric panels.
Warehouse in Industrial Park with highway access, high visibility.
550 Borden Road Unit B12, Lexington, Virginia 24450
Fully leased residential condo.
89-93 Barbour Street
6 unit apartment building with ground level retail. This is a non performing first position loan sale. Prior gross income exceeded $65,000 per year. Section 8 tenants in 2008 paid $820 per month and the building was 100% leased. Tenants vacated after owner failed to correct repair violations.
Great opportunity for investor to buy note at a huge discount to UPB ($180,000) and last sales price of $260,000 (2008). Note has coupon rate of 9% (variable). With repairs, the units could be quickly released and generate 30% proforma cash on cash returns (subject to actual repair costs which are unknown). Real estate taxes are paid through December 31st, 2016. Buyer will assume a water and receiver legal lien with a Feb 2017 balance of $19,000.