13510 US Hwy 19 N

Price: $300,000

Property Description

Purchase Price: $189K
Rehab Investment: $20K
Total Investment: $209K
Under Contract: $300K in less than 6 months
Pre-Closing ROI: 30.3%
Location: Commercial Building in Clearwater

This properties address was 13510 US HWY 19 Hudson, FL 34667 and was purchased for 189k with me as their Buyers Agent. We then fixed up a few items, painted, cleaned, resealed the parking lot and probably spent 20k….total costs involved 209k and then approximately 6 months later resold with the Owner Financing option that came with a 50k downpayment and my clients holding the note and mortgage (again prepared by MARI contacts) for a loan of 255k with a 3 year balloon at 7% interest and the purchase price amount of 300k.

Quick Summary

Property ID:
4150
Property Status:
Sold
Property Type:
, , ,
Location:
13510 US Hwy 19 N, Clearwater, FL 33764, USA
Area:
2500.00 ft²
Parking place:
12

Map

Contact Agent

Kevin McCullough
Kevin S. McCullough has over twenty (20) years of experience in mortgages, legal, and all aspects of real estate. Prior to the inception of McCullough & Associates Realty, Inc. he was a mortgage broker for almost a decade and dealt with Conventional Fannie Mae and Freddie Mac lenders, HUD and…
Mobile:727-364-1359
Email:kevin@yourdailyrealestate.com