The BEST way to own your Ocean Front Condo…
25% Fractional ownership
$ 99,900.00
$ 12,500.00 DOWN - $ 550.00 PER MONTH
(Plus Expenses, less rental income)
This
unit has just been completely remodeled and updated… even the kitchen
and bathroom cabinets were replaced. We had a designer come in and
direct the renovation, and select the furnishings, and this is probably
the nicest unit of its size on the beach... and definitely the nicest
rental. Near Pensacola, on the Florida side of Gulf Shores,
Alabama... Perdido Key (just a 6 hour drive from Atlanta) is one of
the most beautiful beaches on the Gulf Coast.
Ocean Breeze East is an 18 year old building that was one of the few that were damaged during Hurricane Ivan in 2004 – Most of the others were destroyed, but this concrete and steal building stood sound. It took the homeowners (and our insurance) 18 months to make the repairs (a 150 mph wind took off the roof and 20ft. storm-serge took out the 1st and 2nd floors), but this 4th floor middle unit didn’t even get a window cracked. Everything inside and outside of this building has been replaced and repaired, and we’re now in a perfectly new building !
We have owned a condo in Ocean Breeze East for 16 years… have enjoyed all of the time we wanted to there, and have been able to rent (weekly rentals in the summer and a snow-bird in the winter), covering ALL of my expenses, and a good profit along the way.
Now we are willing to bring in 3 partners, each owning an undivided 25% of the unit… sharing expenses, and sharing the income (and equity growth…). Even during the storm clean-up, these units have grown in value by 20 - 25% + per year… Your 25% interest is an equity position, so as the unit increases in value, so does your investment.
This 13 week undivided interest will be an equal share among 4 partners, and the time, profits, income, and expenses will be shared equally. Part of our expense is hiring a local management company that will assure this.
I WILL FINANCE YOUR SHARE WITH $12,500.00 DOWN, AND HOLD $ 87,400. WITH INTEREST ONLY PAYMENT OF $ 550.00 PER MONTH FOR 5 YEARS. THE UNIT RENTS FOR $1,495. PER WEEK -
This opportunity is available to 3 individuals… I will not sell anyone more that 25%, nor do I plan to hold more than 25%. I KNOW this works… my wife and I bought a 25% interest in the unit next to this one in 1990, sold it in 1999 and bought 100% of this unit.
If interested, don’t hesitate… I believe this is the best opportunity available to own a 4th floor Ocean Front Condo, enjoy it, share it with your family and friends, and make money in the process.
Call: Jack Schafer (Atlanta) 770-289-3241