Full details

Property Information: 

This bank-owned property provides an excellent opportunity to either purchase for investment or personal use.  The unit is delivered unfurnished and in excellent condition.  On-site management is available and has historically delivered a good yield and high rental occupancy in the high 90% range.  The two bedroom, two bathroom floor plan is large and open with huge kitchen and utility room, with balcony overlooking Lake Joe.  The property is zoned for residential/long-term or short-term rental use.

On-Site Management Offers:

- $850.00 Rental Figure Per Calendar Month
- Rental Occupancy 96.3% across the previous 12 months
- Management Fee - One Time Fee $850.00, then 10% Per Month Admin/Collection Fee
- Homeowners Association Fee - $168.00 Monthly
- 2008 Property Taxes $2,5630.25
 
Features and Amenities: 

Bank Owned
Basketball Courts
Boat Slip
Casual Dining
Club House
Community Clubhouse
Community Pool
Fitness Room
Foreclosure
Gated Community
Golf Course
HOA Required
Indoor Gym
Kiddie's Play Area
Lake Access
On-Site Management
Pets Permitted
Security Gate
Tennis Courts
Zoned For Short-Term Rental
 
General: 

HOA Fee:  $168.00
HOA Payment:  Monthly
Maintenance Includes:  Building Exterior | Building Insurance | Roof | Ground Maintenance
Year Built:  2002
Zoning:  Residential | Short-term rental
 
Room Dimensions: 

Master Bedroom: 15'0" x 13'0"
2nd Bedroom: 12'0" x 11'0"
Dining Room: 12'0" x 8'0"
Kitchen: 9'0" x 7'0"
Living Room: 18'0" x 12'0"

Interior Features: 

Blinds
Ceiling Fans
Dishwasher
Microwave
Range
Refrigerator
Smoke Alarms
Tub With Shower
Walk-In Closet
Wall To Wall Carpet
 
Exterior Features:
 
Architectural Shingle:  Condominium
Balcony | Sun-Deck
Exterior Construction:  Concrete Block
 
Bedrooms: 2 
Full Bathrooms: 2
Square Ft: 1,153
Property Type: Condo
Development: Southern Dunes
Location: Central
Status: Resale
Availability: Immediate
Golf Course: Southern Dunes
Par: 72
Yardage: 7200
Architect: Steve Smyers

Price: $79,900

Property reference: fapa5561

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