This is a super developement deal, these are fully entitled and builder ready 96 PD Residential Lots, with all services in place water/sewer/cable TV and fiber optics. Builders need their money back to start new project. 35 acre track, with 10 lots right on Crooked River. Sellers are motivated to sell!



The Real Deal:

• Original Asking Price: $6.2M
• Current Asking Price: $5M
  
• Will consider $2.8M Upfront, and hold a note for $2.2M Interest Free for 16 Months
  
• Or All Cash Close $4.7M
  
• Present Market Value as of Appraisal on 7/10/07: $6.29M
• Total Gross Retail Sellout Value: $9.45M

6 SFR's Free & Clear Valued @ $2.5M

I have 6 SFR's, all of them are located in highly desired areas. The total rents are $6,695 and 2 of the units are currently vacant.

Would consider a trade for: other real estate, boats, planes, autos, gold
Might consider seller finance, if buyer purchased all properties

Own a Motel On the Las Vegas Strip

This boutique motel has been renovated over the past 2 years. The crime has moved, and the tourists have now come back! This little motel is brining in $100,000 in gross receipts a month! The money is in the land, this is also located in the redevelopment area, and has unlimited height restrictions. This area has very little restrictions, and you can build another high rise on this piece of land! The motel consists of 5 parcels totaling 1.28 Acres. This is right in front of the most talked about billion dollar project, REI Neon. REI Neon is building 3 casinos, high rise condos, retails stores, and a sports arena. You can read more about the project HERE. You can see the value this project is going to add to all properties around! The value is in either the conversion of hotel rooms into condos or redevelopment of property into mixed-use hotel/condo/casino.

Loan balance $6,000,000
Approx Value $15,000,000
Asking price $15,000,000

I will consider:
Trades: other real estate, boats, planes, and autos
Will consider seller finance with a down payment
Possible partnership with the right developer

Great Location for High Rise Attorneys Office

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This property is currently vacant, but is located in the best location for attorneys. Within walking distance, there are several court houses. This property has no height restrictions, and consists of 2 lots each approximately .16 acres (.32 acre total).

• Current loan balance is $400,000
• Value $1,500,000
• Asking price $1,500,000

I would consider the following transactions:

• Trades for: other real estate, planes, boats, cars
• Seller Finance a portion
• Joint Venture on build out