Traded: Miami’s Post

Mid-Q3 Real Estate Update: What’s Next for NC? #WaterfrontCommunity #retirementcommunity #EasternNorthCarolina #bestplacetoretire #NewBernHomes #NewBernRealtor #NewBern #northcarolinarealestate #ncrealtor #ncrealtors

SOLD// 16 market rate residential units - 2007 construction in Bed-Stuy at 385 Vernon Ave. Sale Price: $6,200,000. Investment Highlights: *** Fifteen (15) 3 BR | 1 BA units & one (1) 2 BR | 1 BA unit - Free Market *** Average Rent: $3,100 ~20% below market rents *** Delivered with 7 Vacancies *** $387,500 per unit *** $424 per SF *** No tax abatement Not confirmed by the purchaser but a condo conversion could be the best use. The average sellout per SF is roughly $1,000 in this location. With rising land and construction costs it makes sense to update and convert older FM tax 2 buildings. Land at 376 Vernon Ave sold for $3,620,000 which breaks down to $212/BSF. The developer at 376 Vernon ave happens to be the buyer for 385 Vernon Ave, coincidence? Construction is roughly $400-$500/SF getting the developer to a ~$700 cost basis not including soft costs. At 385 Vernon Ave the developer will be able to do an alt-2 renovation which is much easier than a NB application. Bought for $424/SF and most likely a renovation budget of ~150/SF give you a cost basis at ~$575/SF almost $125/SF cheaper than ground up. Saving time and money. Do you agree?

Maryland Real Estate in 2024: What Lies Ahead? #frederickrealtor #localexpert #mdrealtor #frederickmd #maryland #marylandrealestate #marylandrealtor #marylandrealestateinvesting #marylandrealestateagent #realtor

#JUSTSOLD #CRE #BuyerRepresentation • 120 units #Multifamily located in #Niceville and #Valparaiso • #EmpireBuilderCapital is now operating a strong investment vehicle for its investors •This is a proud moment for our team, and we are the first to admit it did NOT come easily! A “normal” commercial real estate broker might only help you underwrite an opportunity, and more likely they would just try and have you buy anything that gets them another transaction under their belt. At #TheKohlerTeam we are cut a little differently: We TOIL and ENDEAVOR through every step of the process alongside our clients until the job is done. On this one, we got our hands dirty assisting the buyers with helping them assemble the team, identifying potential investors, helping overcome immense challenges on a Freddie Mac loan assumption, etc. We locked arms with our clients and walked with them across the finish line. Immense gratitude to the team and especially our superbly talented commercial agent and partner Peter Hager Without the persistence and dedication of professionals like Peter, we wouldn’t be able to provide such amazing service to our clients (and by extension to their investors)! Also a big shout out to our Buyer Group partners, Armando Bardisa, PharmD., Sean Thompson, Edward Shamirian and David Retteneller. If you have any questions about this process and #CommercialRealEstate in general, we are here to help, nationwide! We have MANY more opportunities to help broker and some we may want to actively pursue with the right partners. If you're interested in building a portfolio that creates #GenerationalWealth, reach out now ASAP #FundManagers #RealEstateSyndication #EmpireBuilders #MoreThanMeetsTheEye #KWCommercial #Relentless #FiduciaryFirst

Here is the quick and dirty on how the current Boston Real Estate market continues to favor sellers. https://lnkd.in/eFsa626N . . . . #boston #bostonrealeste #bostonrealtor

A lot goes into buying a home, but here are a few quick tips! 🏡 Need more advice about the process? We can talk whenever you're ready! Drew Sells, MBA-HRM The Compass Team @ Iron Gate Real Estate (573) 268-3978 (573) 777-5001 #thecompassteam #igre #movingyouintherightdirection #drewsellshomes #danahinerman #clarindadavis

The state of commercial real estate in Arizona and what to expect in the future Contact me to discuss the latest scoop in real estate! #realtyonegroup #roctitle #buyingsellingaz #maricopacountyaz #azrealestate #westvalleyrealestate #lukeairforcebase #realtor #realtyonegroup #roctitle

What's Hot in Commercial Real Estate #firsttimehomebuyer #livingminneapolis #mnrealtor #livinggoldenvalley #minneapolis #minneapolishousing #minneapolisrealestate #minneapolisrealestateagent #minneapolisrealtor #minneapolishomebuying

Here's the current inventory for Roseville. This metric represents how many homes are on the market right now. With gratitude always, Geanne Pack Broker Associate | DRE 01395755 COMPASS Real Estate 916-412-2573 Geanne.Pack@Compass.com Helping Build the American Dream

Here's the current inventory for Roseville. This metric represents how many homes are on the market right now. With gratitude always, Geanne Pack Broker Associate | DRE 01395755 COMPASS Real Estate 916-412-2573 Geanne.Pack@Compass.com Helping Build the American Dream