"the word 'crisis' is composed of two characters. One represents danger and the other represents opportunity" John F. Kennedy
Picture is of a motel on the ocean in south Cocoa Beach. It has been on the market since 2005 off and on. The price has always been between $3.5M to $3.9M. The property sits on .81 acre on the ocean with 109' of oceanfront. There are 18 units in the motel, depending on zoning approval, this could be a weekly rental opportunity.
In 2012 there were 16 income properties sold in Cocoa Beach/Cape Canaveral, I am proud to say that Walker Bagwell Properties participated in 25% of the sales.
At the present time there are 19 active income properties listed in the same area. They are priced from $159,900 to $3,500,000.
Build your future now.
Jim Bagwell
Sunday, May 5, 2013
Subscribe to:
Post Comments (Atom)


No comments:
Post a Comment