"What it don't get I can't use" The Beatles
It seems that income properties are back in high demand especially on the beachside. A lot of duplexes and triplexes are receiving multiple offers and closing quickly. We are sure it is the price decreases’ that is driving this market. It is now possible to get cash flow on income property, we had previously priced ourselves out of the market. The typical investor is intelligent enough to know when cash flow is possible, making for a lucrative investment.
As of this writing the following income properties on the market under $300,000 on the beachside.
Duplex in Cape Canaveral, carport on both sides and the units are fully rented presently. Listed at $119,000.
Another duplex in Cape Canaveral, carport on both sides, large back yard, 2 bedrooms 1 bath each side listed at $169,900.
One of my picks would be a triplex listed at $179,900.
You can see why investors are coming back to the market. If you don’t mind managing the property yourself then you can cut your expenses and bring cash flow back to the game while waiting for equity to grow.
Thanks
Jim Bagwell
Friday, March 25, 2011
Tuesday, February 22, 2011
Commercial opportunity
Attached is a picture of a corner lot building that has been on the market for quite some time as a for sale by owner.
This building was used as a jewelry store several times and the last tenant was a financial advisor. The building has been updated and the location is great. Many types of business' would be possibly a good fit.
There is a new listing on North Merritt Island that is intriquing. It is a 25 acre parcel that is now a fish farm. There is a manufactured home on site with several storage buldings. The price is $450,000 which is not a bad starting point.
Call if we can help.
Jim Bagwell
This building was used as a jewelry store several times and the last tenant was a financial advisor. The building has been updated and the location is great. Many types of business' would be possibly a good fit.
There is a new listing on North Merritt Island that is intriquing. It is a 25 acre parcel that is now a fish farm. There is a manufactured home on site with several storage buldings. The price is $450,000 which is not a bad starting point.
Call if we can help.
Jim Bagwell
Friday, February 18, 2011
"That ain't workin' that's the way you do it"
"Get your money for nothin' get your chicks for free" Dire Straits
For a long time after the market meltdown commercial properties held their value. Now that it keeps going down we see that commercial properties are dropping in price similar to the rest of the market. The opportunities are there at the present time for the taking.
There are several properties that I feel are very good values depending on the situation.
We have one in Cocoa close to the historic Cocoa Village that once was a bar and grill and then became a day care. I believe the best use of the property is another bar and grill. The picture is above and the price is now $225,000, offers accepted.
One of my favorite spots is an iconic restaurant in Cocoa Beach. It was the Mango Tree Restaurant which was a favorite hangout for the gourmet diner. For the chef at heart this could be the ticket to make your dreams come true. Over 4000 sq. ft. and priced at $375,000.
Just email me for more opportunities, the dream is within reach
Thank you
Jim Bagwell
For a long time after the market meltdown commercial properties held their value. Now that it keeps going down we see that commercial properties are dropping in price similar to the rest of the market. The opportunities are there at the present time for the taking.
There are several properties that I feel are very good values depending on the situation.
We have one in Cocoa close to the historic Cocoa Village that once was a bar and grill and then became a day care. I believe the best use of the property is another bar and grill. The picture is above and the price is now $225,000, offers accepted.
One of my favorite spots is an iconic restaurant in Cocoa Beach. It was the Mango Tree Restaurant which was a favorite hangout for the gourmet diner. For the chef at heart this could be the ticket to make your dreams come true. Over 4000 sq. ft. and priced at $375,000.
Just email me for more opportunities, the dream is within reach
Thank you
Jim Bagwell
Friday, February 11, 2011
Opportunity to own a beachfront business or build a home
This is rare. Existing business on the ocean or change zoning and build home.
This property sits on .29 acre directly on the ocean on Cocoa beach. Priced at $599,000, shouldn't last long. Call today!
This property sits on .29 acre directly on the ocean on Cocoa beach. Priced at $599,000, shouldn't last long. Call today!
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