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Orange Coast Exchangors
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CONTROL:
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Exclusive
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VALUE:
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$1,620,000
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LOAN:
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$300,000
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EQUITY:
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$1,320,000
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TITLE:
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COAST TO COAST LAND PACKAGE
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TYPE OF PROPERTY:
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Land
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HAVE:
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An assemblage of land in 5 states. 4 residential lots in Port Townsend, WA; 20 lots in Cortez, CO; 670 acres in NV, 5 commercial lots in Atlanta GA, 220 acres in McIntosh, NM.
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WEBSITE ADDRESS:
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PARCEL#:
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CITY, STATE:
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Port Townsend, WA
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COUNTY:
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BENEFITS TO NEW OWNER:
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Free and clear land to hold while the dollar declines in value. Upside from improving and building.
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GROSS SCHEDULED INCOME:
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$0
Actual
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VACANCY LOSS:
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$0
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GROSS EFFECTIVE INCOME:
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$0
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EXPENSES:
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$4,000
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NOI:
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$-4,000
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DEBT SERVICE:
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$18,800
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CASH FLOW:
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$-22,800
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CAP RATE:
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0.00%
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ENCUMBRANCES:
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BALANCE:
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PAYMENT:
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RATE:
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DUE:
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ASSUMABLE:
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LOAN 1:
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LOAN 2:
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BENEFITS SOUGHT:
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Activate my equity in properties I took in exchange
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CAN ADD:
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Notes, residential income properties, cash, liquor store business.
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REMARKS:
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I am a Buyer with these pieces of land. I will use them as down payments or add them as extra collateral for 100% financing. Values can be delivered as small as $20k. If you don't want the land, I might buy it back with paper.
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COUNSELOR:
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Blake Allen, EMS, CCIM
Allen Realty
108 Canon Ave
Manitou Springs, CO 80829
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Phone: (719) 685-0707
Cell: (719) 684-4123
Fax:
(719) 685-0400
blakeallenrealty@gmail.com
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