Last Chance: Investment Opportunity in Antelope Valley!
We have only 3 homes left in a PUD (Planned Unit Development) in California City. Why go out of state when you can invest for around $45K in SoCal? Properties are in good conditions and all have tenants.
A professional manager has been taking care of them for the past two years but you can do it yourself if you wish. Average rent is $750 per month. HOA fee is only $60/month, property tax should be around $45/month and insurance around $55/month. Even if you get a private loan, you should have a monthly cash flow of $300/month.
According to LA Times, Pentagon has just awarded Northrop a $80 billion contract to build the B-2 Stealth Bombers. Much of the work will be done in Palmdale/Lancaster, which means a boom in employment for the entire Antelope Valley. Here’s a link for you to verify my information.
http://www.latimes.com/nation/la-na-air-force-contract-stealth-bomber-20151027-story.html
These properties sold as high as $110K before the 2008 Crash. I estimate upside of around $20K within the next few years, which is totally realistic. You can sell or 1031 exchange when the time is right. Amenities include a beautiful club house, swimming pool, rec room, guest quarters, etc. What are you waiting for? Put your idle, depreciating money at the bank to work for you while this opportunity lasts! Private money loans maybe available with 30% down payment, around $15K, plus closing costs.
Interior and exterior photos are available upon request. For more information, contact Sam or Norma by email: sam@samsadat.com; norma@samsREclub.com or phone: 800-998-9930.
I. Investors must do their own due diligence. All estimates of rehab, construction, and after repair values are the opinion of the seller and provided for convenience only.
II. The information within marketing emails, in an effort to sell properties, is not guaranteed including, but not limited to the condition of the house/structure/property, permits, square footage of lot and structure and must be verified by buyer.