FALLS OF PORTOFINO · Dogs allowed < 50 lbs SALE PRICE: $1,190,000 UNITS: 5 PRICE PER UNIT:...
Transcript of FALLS OF PORTOFINO · Dogs allowed < 50 lbs SALE PRICE: $1,190,000 UNITS: 5 PRICE PER UNIT:...
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
PROPERTY OVERVIEW-Portfolio of 5 units-Financing available for individual units with local bank-Recent sales just under $141/SF
PROPERTY FEATURES5 townhouse units for sale
Units Sold in 2008 for >$400,000
100% occupied
Easy to rent
Built in 2006-7
Lots of amenities
Clubhouse
Pool
Weight/exercise room
Dogs allowed < 50 lbs
SALE PRICE: $1,190,000
UNITS: 5
PRICE PER UNIT: $238,000
CAP RATE: 6.24%
NOI: $74,306
BUILDING SIZE: 9,314 SF
PRICE PER SQUARE FOOT: $127
YEAR BUILT: 2007
ZONING: Residential
MARKET: South Florida
SUB MARKET: Naples
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
INCOME SUMMARY CURRENT PER SF
Rental Income $109,800 $11.79
GROSS INCOME $109,800 $11.79
EXPENSE SUMMARY CURRENT PER SF
Taxes $10,653 $1.14
Association Dues $24,840 $2.67
GROSS EXPENSES $35,493 $3.81
NET OPERATING INCOME $74,306 $7.98
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
TENANTNAME
UNITNUMBER
UNITBED
UNITBATH
UNITSIZE (SF)
LEASEEND
CURRENTRENT
CURRENTRENT (PER SF)
MARKETRENT
1504 4 2.5 1,822 9/30/2019 $1,800 $0.99 $1,900
1102 4 2.5 1,890 4/30/2019 $1,850 $0.98 $1,900
1502 4 2.5 1,890 10/31/2019 $1,850 $0.98 $1,900
1904 4 2.5 1,822 3/31/2019 $1,800 $0.99 $1,900
702 4 2.5 1,890 12/31/2019 $1,850 $0.98 $1,900
TOTALS/AVERAGES 9,314 $9,150 $0.98 $9,500
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
* Demographic data derived from 2010 US Census
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
ETHNICITY 1 MILE 3 MILES 5 MILES
% HISPANIC 11.7% 14.7% 28.5%
RACE 1 MILE 3 MILES 5 MILES
% WHITE 94.0% 93.8% 86.7%
% BLACK 3.5% 3.2% 6.8%
% ASIAN 1.5% 1.6% 1.8%
% HAWAIIAN 0.0% 0.0% 0.0%
% INDIAN 0.0% 0.0% 0.2%
% OTHER 0.4% 0.9% 4.0%
POPULATION 1 MILE 3 MILES 5 MILES
TOTAL POPULATION 4,719 28,555 86,070
MEDIAN AGE 44.4 44.6 40.8
MEDIAN AGE (MALE) 44.3 44.2 39.6
MEDIAN AGE (FEMALE) 44.5 45.0 41.9
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
TOTAL HOUSEHOLDS 1,704 10,222 29,742
# OF PERSONS PER HH 2.8 2.8 2.9
AVERAGE HH INCOME $96,373 $96,314 $85,916
AVERAGE HOUSE VALUE $451,906 $463,016 $411,937
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032
7020 Ambrosia Lane, Naples, FL 34119
FALLS OF PORTOFINO
RESIDENTIAL INVESTMENT PORTFOLIO FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
Each Office Independently Owned and Operated kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0: 786.433.2939C: [email protected] #3220032