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Pros and Cons of Purchasing a Foreclosure Auction Property
There are many properties being offered at foreclosure auctions across the nation right now. Some are good investments and others are not.
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Purchasing a Fannie Mae property in my opinion is the easiest and best way to go right now if you are looking for a foreclosure property. Fannie Mae is government run.
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  Property Details  
     
     
 
Property Information
 
 
Project Name : INCOME OPPORTUNITY COMMERCIAL BUILDING
Property Type : New Construction
City : Members Only
State : Tennessee
Zip Code : Members Only
County : Members Only
   
Square Footage (GLA/ GBA) : 4000
Lot Size : Members Only
Lot Attributes : Members Only
Measurement : Sq. Ft.
Number Of Units : 0
Zoning Code : Members Only
Over All Property Condition : Average
   
Property Description:
4,000 sq. ft commercial building in Clarksville, TN. Sits on edge of downtown area at the start of an industrial area. A great rental income or cash flow property. It is on the corner of two main streets that go downtown. The building is accessed at $70,000. This property is on sale at $58,000. THIS IS NOT A NEWLY CONSTRUCTED PROPERTY. IT IS A COMMERCIAL BUILDING BUT THERE IS NO LISTING IN THE AREA FOR TYPE OF PROPERTY FOR COMMERCIAL PROPERTY. This price is negotiable.
 
Surrounding Neighborhood:
Members Only
 
 
 
     
 
Purchase & Invesment Information
 
 
Purchase Price : $58,000
Investment Type : Wholesale Property
Investment Amount Needed: $0.00
Equity offered to Equity Partner : 0.00
   
Estimated Cash on Cash Return for Investor : Members Only
Contingency Expiration Date : Members Only
   
Process Complete to Date:  
   
  Members Only  
   
Why is the Property being Sold?:
Members Only
 
 
 
     
 
Personal Invesment Details
 
 
Will Seller Carry a Note : No
   
Familiarity with Property : Somewhat Familiar
Familiarity with Neighborhood : Somewhat Familiar
Time Inveting in Realestate : 1 - 3 Years
   
   
 
 
     
 
Property Documents
 
 
Brochures / Flyer (0)   Market rent / Vacncy Information(0)
 
     
Demo Graphics (0)   Floor Plan / Site Plan (0)
 
 
 
     
     
 
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