Sunday, May 5, 2013

"When written in Chinese,"

"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

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