Attention Real Estate Investors!!
We recently secured the business of a mid-sized developer as their agent for a number of properties they are currently in the process of constructing. Because of the quantity and popularity of this product, and because they can be ideal as rental properties, we are in the preliminary process of developing marketing plans and intend to initially market these to investors instead of listing them on the MLS.
"Twin Homes" are the latest trend and one of the most popular products on the market today. With the right layout and amenities, these homes are very popular with buyers that want to own one side and rent the other, and perfect for the growing number of buyers seeking "multi-generational" housing.
As rentals, these units command prices close to single family homes for each side, providing an excellent return, with a conservatively and realistically calculated Cap Rate close to 10 and the strong potential to increase as the rental market heats up.
The West Coast of Florida is experiencing tremendous growth, with the area consistently in the top 10 fastest growing metro areas in the nation, and with several cities consistently in the top 5 growing communities in the state. Forbes Magazine rated Fort Meyers/Cape Coral as the fastest growing city in the country in 2017. These units are all located in nice, developing suburban areas of Cape Coral.
Specifically these Duplex homes are thoughtfully designed as identical 3 Bedroom, 2 Bath, 1 Car garage homes with many of the most popular features buyers are requesting such as high quality counter-tops (typically Granite), modern appliances (Typically Stainless), private yards, and impact windows. The builder provides a full 1 year warranty on all the products and services, and the homes are delivered turn-key with city water and fully landscaped.
If you are an Individual Investor, Real Estate Club, or REIT, this winning combination of the ideal product in one of the hottest markets is likely exactly what you looking for. Several units are nearing completion and can be toured if desired, with many others in various stages of construction, and some available for customization if desired.
For more details, Contact the Developers Agent, Bill Carltock at 954-801-1019
Address Search
Popular Searches
Useful Information
