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PROPERTY DETAILS

Year Built 1965
Total Units 32
Each Unit 470 SF
Total Area/Air 14,608 SF
Land Size 1.02 acres
Construction Concrete Block
Address 810 Sycamore St.
Titusville, Fl.

Listed Purchase Price $500,000
Per Unit $ 16,129
CURRENT OCCUPANCY 0%

ORIGINAL PURCHASE $1,120,000
PURCHASE DATE 7/2005

The current Bank REO property was foreclosed on approximately 90 days ago.
The property has recently been fumigated and boarded up. Currently there are no tenants. The property will require renovation, lease up and stabilization, prior to any permanent financing. The Seller is requiring no contingencies for finance, proof of funding at the time of contract, with a relatively short closing cycle. I have attached the most recent flyer on the property, and some additional information.

Sincerely,
Kent Cooper, CCIM

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