13510 US Hwy 19 N
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.