RECENT PROJECTS
Euclid Apartments - Miami Beach, Florida
12-Unit multi family redevelopment located in the heart of Miami Beach. Held by our investors after completed project on a 5/8 term. Massive value-add with renovation and reorganization of tenants.
Purchase: $1,750,000
Rehab Cost: $200,000
Current Market Value: $3,190,000
27 Unit - Lakeland, Florida
Redevelopment project by WC Assets located in Titusville, FL on the "Space Coast". Full redevelopment of property and reorganization of tenants creating large upside cashflow and appreciation for investors.
Purchase: $1,120,000
Rehab Cost: $260,000
Sold: $1,795,000 - Current Market Value: $2,110,000
Palm Island, Miami Beach, Florida
Single family redevelopment investment located in Miami Beach's Palm Islands. Held by our investors after completed project as a STR with nice returns on cashflow and appreciation.
Purchase: $1,250,000
Rehab Cost: $225,000
Current Market Value: $2,315,000
Lemon Bay Bungalows - Englewood, Florida
8-Unit, garden style apartment complex sourced off-market in major distress with 20% occupancy and deferred maintenance. Redevelopment to retail and 100% occupancy. In and out of project in six months.
Purchase: $200,000
Rehab Cost: $70,000
Sold 2016: $370,000 - Current Value: $1,200,000
10-Unit - Jacksonville, Florida
Sourced off-market in major distress. 60% occupancy and deferred maintenance. Sold wholesale to one of our value-add investors who reorganized tenants, completed repairs and doubled the value.
Purchase: $290,000
Rehab Cost: $0
Sold Wholesale: $380,000 - Current Value: $2,400,000
8-Unit - Springhill, Florida
Sourced off-market in major distress. 40% occupancy, non-paying tenants and deferred maintenance. Wholesaled to our investor that redeveloped for a buy/hold. Wholesale transaction, less than 30 days.
Purchase: $250,000
Rehab Cost: $0
Sold Wholesale: $324,500
Beachside Bungalows - Seminole, Florida
Duplex redevelopment for a quick turn, retail flip. Purchased off market in major distress. Removed bad, non-paying occupants and completed full remodel. In and out of project in 90 days.
Purchase: $137,000
Rehab Cost: $33,000
Sold: $260,000
Micro Horse Ranch - Ocala, Florida
Single family redevelopment investment on 2 acres located in Ocala, Florida, known as the "Horse Capital Of the World". Quick turn, retail flip. In and out of the project in five months.
Purchase: $88,000
Rehab Cost: $90,000
Sold: $265,000