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Land for sale or trade Land for sale or trade > Other > South Caicos >

Active ID: 16913 Ocean view land in South Caicos Turks and Caicos Islands

Actual lot picture

Actual lot picture
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Max. Swap Value: $100,000
Swap For Location(s):

exchange for this stateFlorida

Will swap for:

Business Business
Multifamily or Commercial Multifamily or Commercial
Residential Residential

Would like a property in South Florida ideally with a mortgage that can be transferred to me. The equity would be swapped with the land in TCI.



Value: $40,000
Total loans: $0
Lot/Acreage Size (in acres): 0.13
City: South Caicos
State or Country: Other
Address: How to view address
Location features
  • Beach,
  • Historic,
  • Waterview

Description: Beautiful flat land with bold ocean view, right in the center of town in South Caicos, the fishing capital of the Turks & Caicos Islands.

Swap Type:

I can add cash I can add cash
I can add other assets I can add other assets
I own free and clear I own free and clear

public swap proposal
owner

Contact owner ..name hidden..    view profile

Phone: xxx-xxx-xxxx How to view name & phone
Phone: xxx-xxx-xxxx How to view name & phone
Mobile: xxx-xxx-xxxx How to view name & phone
If no phone number is listed then seller decided not to disclose this information. Please email seller via the public or private swap proposal tools below.
Public & 3-way Swap Proposals: (1)add
Trade proposal by: Paula (no listing ID provided)
October 06, 2015
4 duplexes all 8 units are 2 bedrooms, 1 bathroom, living rooms have large linen closets and a coat closets.

Each unit has a laundry room inside with washer/dryer hookups. Located on 2.6 acres surrounded by woods. You can build up to 29 units per an acre or you can build your home or you can bring in a moble home for the owner or manager to live in.

Buildings need renovations and I've repaired Units A and B roofs and gutted 7 bathrooms to the studs.

I have local labor if you need.

Great location 1/2 of a mile to Troy university and Chattanooga community college for excellent tennents. Also located near fort Mitchell, fort Benning and Columbus. Georgia.

Units rent for $599 plus tennents pays $50 for Water/Sewer/Garbage. Tenant also pays their own electric.
Monthly Rents $599 x 8 units and Water/Sewer/Gargage $50 x 8 units = $5,200

Monthly Expenses:
-Monthly mortgage payments $749
-Taxes $234
-Insurance $291
-Water/Sewer 8 units $289
-Garbage $110
Total Monthly Expenses = $1,673

$ 5,200 Monthly Gross Rental Income - $ 1,673 Monthly Expenses = $3,527 Net Income.
$ 3,527 Net Rental Income...CASH COW!!!

No qualifying seller financing 30 years financing $125,000 @ 6% = monthly payments of $749.44. No prepayment penalties, No balloon payment.

Cash Cow!!!...
$3,527 Net Rental Income to you...$$$

You can Call (650) 966-1696 or email me

For $5k will finish 3 apartments. Have labor ready. Includes 3 brand new stoves and refrigerators.

Thanks for reading...

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This ad has been viewed 749 times. Last modified: 07/24/2015
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Tags: South Caicos for sale or trade |

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