NY RICH INC. Real Estate Investments
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NY RICH INC & ASSOCIATES REAL ESTATE PROPERTIES

HOUSTON TEXAS PROPERTIES

10 UNITS IN GREATER EAST END WITH LOW RENTS HOUSTON,TX 7.5%

FOR SALE   $810,000


LAND SQ FT   7,550

BLDG SQ FT    6,315

2 BED UNITS   9

1 BED UNITS    1

IT NEEDS    $10-$25,000   IN REHAB


We have 10 units in Greater East End of Houston for sale. There are 9- 2 bed/1 bath units and 1- 1 bed/1 bath unit. The owner has rehabbed several units, but a few more need to be done. New roof, electric panels and new wiring. Rents need to be raised. The property is a 7.5% cap on actuals. 

A POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS.

$10,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP


 THE 55 UNITS ARE *** UNDER CONTRACT!!!!


WE HAVE A PACKAGE OF 8 HOUSES FOR BUY AND HOLD. ASK ME FOR DETAILS!!!!


WE HAVE 75 PAPER LOTS IN HITCHCOCK,TX FOR HOUSES- *** UNDER CONTRACT!!! 


WE HAVE THE 22 ACRES IN MELISSA,TX AVAILABLE!!


THE 280 UNIT COMPLEX BUILD IS STILL AVAILABLE IN RICHMOND


WE HAVE 11 ACRES IN HUMBLE FOR SALE FOR AN RV PARK!!!! 


WE HAVE THE 20,34 AND THE 2, 7 UNITS AVAILABLE!!!!


THE LARGE STRIP CENTER IS  *** UNDER CONTRACT!!!



**WE HAVE PHOTOS AND FINANCIALS******

Apartment Building

9 UNITS IN MONTROSE RENNOVATED HOUSTON,TX 6.5% CAP

FOR SALE $1,350,000

 

LAND SQ FT   5,950

BLDG SQ FT   3,910

1 BED UNITS   6

STUDIOS     3

IT NEEDS    $10-$12,000  IN REHAB


 We have 9 units in Montrose for sale. The property was built in 1960. There are 6- 1 bed/1 bath units and 3 studios. Every unit except 1 has been rehabbed. There are currently 2 vacant units that the owner was going to use as an air BNB. Rents are $1,100 for the 1 bed units and $850-$975 for the studios. Everything is electric, but gas is still hooked up to the building. Owner pays water around $250 a month. 


***A POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS. 

12 UNITS IN LAKE CHARLES, LA NEEDS FULL REHAB FROM THE STUDS

FOR SALE $250,000

 STORIES  2

PARKING LOTS  2

1 BEDROOM UNITS  12

LAUNDRY ROOM  1

IT NEEDS FULL IN REHAB

 

We have 12 units in Lake Charles, LA for sale. This property needs a full rehab from the studs out. When the property was full before hurricane Laura, the average rent was $750 a month. Tenants paid the electric and the owner paid the water. Rents now would range from $1,200-$1,300 a month. There was a laundry room before and the owner has options to add washer and dryer connections in the units and turn the laundry room into a breezeway or a workout room. The units are very large 1 beds and 1 baths and would be great for air BNB. The property in located near downtown Lake Charles. 


***A POF OR PRE-APPROVAL LETTER IS REQUIRED TO GET THE ADDRESS. NO EXCEPTIONS.

$5,000 NON-REFUNDABLE DEPOSIT LOCKS THIS DEAL UP

Valrico Corner-Lot Pool Flip VALRICO, FLORIDA

Investor Price: $349,900 *

  4 bed   2.5 bath  2405 sq ft    Built in 1988             Single Family 

  • After Repair Value $510,000
  • Investor Price $355,000
  • Closing Costs to Buy $4,000
  • Rehab Projection $52,575
  • Utilities $500 
  • Closing Costs to Sell $22,950
  • $74,975  Projected Income
  • $17.23%   Estimated ROI 

Titusville Motel & House TITUSVILLE, FLORIDA

Investor Price: $1,175,000 *

  11 bed 11 bath 4835 sq ft Built in 1955               Multi-family & House 

  •  Rental Income $15,000 mo. / $180,000 year.
  • Closing Costs to Buy $15,000
  • Rehab Projection $10,000
  • Utilities $25,500
  •  Property Insurance $12,500 / yr. 
  • Estimated Taxes $4,500 / year.
  • Property Management $20,000 / year.
  • Maintenance $12,000 / year.
  • HOA Dues $0 / year.
  • $131,000   Projected Income
  • 10.69%      Estimated APY 

Brandon Pool Flip Brandon, Florida 33511

Investor Price: $259,900

          3 Bed   2 bath  1886 sq ft    Built in 1971             Single Family 


  • After Repair Value $399,900
  • Closing Costs to Buy $3,000
  • Rehab Projection $65,100
  • Utilities $500
  • Closing Costs to Sell $17,995
  • $53,405  Projected Income
  • 15.41%  Estimated ROI 

Clearwater Flip Clearwater, FL 33755

Investor Price: $259,500

   4 bed 2 bath 1 719 sq ft Built in 1962                     Single Family 

 

  • After Repair Value $385,000
  • Investor Price $259,500
  • Closing Costs to Buy $4,500
  • Rehab Projection $46,470
  • Utilities $500
  • Closing Costs to Sell $16,875
  • $57,155  Projected Income
  • 17.43%   Estimated ROI 


2011 Bates Ave, EUSTIS, Florida

Price: $107,900

  • Single Family
  • 3 Bedsrooms
  • 2 Bathrooms
  • 1036 Sq Ft
  • Year built: 1935
  • Lot size: 9,916


9 Units | Multifamily Property Fort Lauderdale, FL

Price: $2,061,000

PRICE PER UNIT

$229,000

PRICE PER SF

$311.33

NOI

$92,112 RSF

NUMBER OF UNITS

9

BUILDING SIZE

6,620 SF

CAP RATE

4.47%

LAND AREA

0.856 Acres

YEAR BUILT

1951

N Ocean Dr - Hollywood Beach Private Marina

Price: $7,900,000

 

FOR SALE MARINA WITH SHORT TERM RENTAL UNITS .
$7,900,000 ($453.40/SF)

  • Hard to Find Mini-Marina Resort with 334 Feet of Highway & Waterway commercial frontage 8 Slips for 45' to 75' Yachts or fit 16 smaller rental boats.

The four-lot marina features eight large boat slips that can accommodate 40’ to 60’ yachts as well as a six-bedroom mansion and four apartments.

2809 SW 6th St. Fort Lauderdale, Florida 33311

Price: $309,000

  • 4 Bedsrooms
  • 2 Bathrooms
  • 1316 Sq Ft
  •  cbs. Central a/c. 
  • Needs New Interior

427 NW 19th Ave. Fort Lauderdale, Florida 33311

Price: $309,000

  •  ‍3  Bedroom
  •  1.5  Bathroom
  •  1524 SF
  •  built 1954
  •  cbs. Roof in Good Condition 2013
  •  5 A/C Window Units
  •  Minor Rehab Needed
  • No HOA
  • Vacant


HOTEL WITH 23 Units, Miami, Florida

Price: $5,300,000‍*CASH & HARD MONEY BUYERS ONLY*

 

 11102 Biscayne Blvd Miami, FL 33181 

 Type: HOTEL
Bed: 23 Beds
Living Area: 9979 Sq. Ft
Year Built: 1951
AC: WINDOW UNITS
Construction Type: CBS
Status: Off Market‍----------------‍

THIS HOTEL WITH 23 KEYS IS LOCATED AT 11102 NE BISCAYNE BOULEVARD (U.S 1), MIAMI, FLORIDA 33181.

PER THE SELLER AND WITHOUT P&Ls IN MY HANDS, THE NET OPERATING INCOME  IS IN EXCESS OF $400,000 ANNUALLY. THE BUYER WILL GET EVERY SINGLE OUNCE OF FINANCIALS AND DUE DILIGENCE INFORMATION AND DOCUMENTATION  DUE TO THE BUYER.

---------------

TO MOVE FORWARD, THE BUYER AND OR THE SELLER TO SIGN THE ASSET SPECIFIC MASTER FEE AGREEMENT (DEPENDING ON THE EXECUTED PURCHASE PRICE), THE BUYER TO PROVIDE AN ASSET SPECIFIC LETTER OF INTENT TO INCLUDE THE PURCHASE PRICE, DUE DILIGENCE PERIOD, CLOSE OF ESCROW OF DATE AND THE AMOUNT OF THE EARNEST MONEY DEPOSIT THAT WILL BE ESCROWED ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT. THE BUYER TO PROVIDE A BUYER'S COMMERCIAL BIO OF COMMERCIAL ASSET HELD IN THEIR INVESTMENT PORTFOLIO.  THE BUYER TO PROVIDE A BUYER'S VERIFIABLE PROOF OF FUNDS IN THE FORM OF A BANK OR FUND STATEMENT OF ACCOUNT. 

12001 & 12025 SW 218 Street, Miami, Florida

Price: $2,100,000

 

For sale - Goulds 218, a boutique development opportunity centrally located off US 1, less than 2 miles from Florida’s Turnpike and next to the planned BRT station, a joint federal and state transportation investment grant aimed at interconnecting the Greater Miami Area. Southland Mall is located 1.7 miles from the property, it is a one-million square feet mall that features 100 retailers and has plans of being dramatically renovated and redeveloped. In the immediate area to Southland Mall is also a Target and Walmart Supercenter.

Goulds 218 is 0.47-acre site ripe for redevelopment. Current zoning permits for a maximum of 52 units (90/acre) per right, however, the sellers have a zoning letter confirming a maximum of 80 units on the site. The site is ideal for a mid-rise workforce housing development to deliver for rent product to the South-Dade submarket.

Property Overview

Address

‍12001 & 12025 SW 218 Street, Miami, FL 33170

‍Parcels

30-6912-008-1010

30-6912-008-1000

Lot Size 21,000 SF

‍Maximum Buildable Units 80 

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NY RICH INC.

82 Nassau Street, Suite # 61276, New York, New York 10038

646-281-8619 contact@nyrichinvestments.com

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