From: JPIH
Newsgroups: biz.marketplace.real-estate
Subject: 3 PROPERTY PACKAGE - Estate Home & 2 Furnished Rental Homes - $4,100 PER WEEK Income!!
Date: Fri, 31 Aug 2007 16:43:46 -0600
Bytes: 13824
This week, JPIH is proud to present you with an opportunity to acquire
a package of 3 luxury residential properties located on beautiful and
highly-desired Marco Island, Florida! Two of the properties already
contribute $4,100 PER WEEK in rental income with multiple other income
sources available! These three properties appraise for a total of
almost $8.7 million, but we are offering them today for a total price
of $5,995,000 or 69% of value! ACT FAST!!
Visit us at http://www.jpinvestmentholdings.com
Marco Island- Three-Property Package - 1 Estate Home + Two FURNISHED
Rental Homes In Rental Pool - 69% of Appraised Value!
JPIH is proud to present three properties on Marco Island, Florida,
that represent an exceptional investment opportunity and that are more
fully described and pictured below: (1) An estate home that was
constructed in 1998 by Slocum-Christian, Marco's premier builder, and
completely renovated in 2005 located on a very private corner lot at
the end of the Island; (2) A beautifully renovated and fully furnished
rental home with 117' of sea wall and two boat lifts that commands up
to $2,600 per week in rental income; and (3) A fully furnished and
renovated waterfront heated pool home capable of accommodating a 45'
yacht, two doors down from the other rental home and commanding up to
$1,500 per week in rental income. All three properties have the
highly desired and valued instant open water access and southern
exposure.
Marco Island is the largest Barrier Island within Southwest Florida's
Ten Thousand Islands. It's situated just 20 minutes south of downtown
Naples at the south end of the SR951 corridor. Originally developed
as a retirement community, its lifestyle is relaxed yet elegant. This
community has been nicknamed "The Last Paradise". Marco Island
attracts visitors and residents from all over the world and it is a
favorite destination for boating, fishing or just soaking in the sun.
Its 14 square miles offers 6 miles of white sand beach and over 100
miles of waterways. 2 private golf courses also call Marco Island
home. This vacation paradise offers plenty of shopping, restaurants
and entertainment to keep anyone busy. Waterfront, inland and golf
course homes are available. The waterfront properties consist of
indirect access and direct access (no bridges to pass under).
Frequent multi-week renters include residents of the northern United
States and many European countries.
Investment Highlights:
LOCATION, LOCATION, LOCATION! - All waterfront properties, southern
exposures and instant open-water access! THE locations highly desired
by residents and renters alike!
Property Values and Conditions - The three properties have a
combined appraised value of $8,670,000! All three have been fully
renovated with the highest quality materials and craftsmanship. The
two rental homes are fully furnished down to linens and beautiful
accessories. All three have heated pools and other outdoor amenities.
Rising Prices - Both the listing prices and the sales prices of the
homes on Marco that share the location and amenity characteristics of
these properties continue to rise as the "best in class" investment
opportunities available. There is a very limited number of this
quality of home available and the swelling inventory and falling
prices characteristic of most real estate markets and even those Marco
properties that are inland or that have indirect water access has
actually increased the demand for these.
Income Opportunities - The two rental homes already placed with the
rental company generate up to $4,100 PER WEEK in rental income for the
use of those two homes alone. Additionally, each has a dock and one
has two boat lifts all of which could be rented to local boaters or
others for separate income. The estate home could also be offered on
an executive or corporate long-term lease.
Pricing - The entire package of all three properties is offered by
JPIH in a single transaction package for $5,995,000 or only 69% of
appraised value! Purchase contracts to be submitted must comply with
JPIH Purchase Guidelines.
The Properties:
Estate Home
Built in 1998 by Slocum-Christian, Marco's premier builder, and
completely renovated in 2005, this custom home on .36 acres in The
Estates offers 3 bedrooms and 3.5 bathrooms. With cxcellent views of
Robert's Bay, it is situated on a beautiful corner lot with southern
exposure at the end of the island and affords total privacy! There
are a total of 6,044 square feet (3,422 square feet under air, 1,544
square feet in two screened lanais and 1,077 square feet in the garage
and covered entrance).
Interior Features: The gourmet-class custom kitchen offers upgraded
stainless steel appliances including tri-vection ovens, granite
counter tops and backsplash, a generous granite breakfast bar as well
as dining area overlooking the pool, spa and bay, a pantry with wine
cooler and an expansive granite desk with glass cabinets. A lovely
granite wet bar also offers additional wine storage. The family room
offers a built-in entertainment center, extensive built-in cabinetry,
a cozy fireplace and floor-to-ceiling 90 degree pocketing glass
sliders which open to provide the expansive bay views. The master
suite includes custom tray ceilings, a Jacuzzi tub, full marble shower
and separate water closet. The executive office is complete with
French doors, hardwood built-in cabinetry, hickory floors and ceiling
and a very large 5 foot hidden safe. All bedrooms have very spacious
walk in closets with crown molding and one guest bathroom also has a
marble shower. The half bath serves pool guests as well with Kohler
pedestal sink and built-ins for pool towel and accessory storage. All
bedrooms and the office are entered through full light glass doors
with plantation shutters. The extensive built-in cabinetry continues
in the dining room, office and laundry room. This no-expense-spared
residence also includes new marble floors with knapp finish, custom
crown molding throughout, all new carpet and hardware, new paint, rope
and recessed dimmer lighting and multiple designer ceilings.
Exterior Features: Two lanais: (1) A covered and fully-tiled lanai
with an infinity edge pool and spa that will accommodate outdoor
dining for at least 10 with additional generous covered seating area
for relaxing and enjoying the serenity and privacy of this property
and (2) A new screened lanai added at the side of the home exiting the
laundry room that features full granite counters and backsplashes,
crown moulding, built-in cabinets, the newest Maytag Neptune elevated
washer/dryer and an additional refrigerator. The sunset exposure
large side lanai is perfect for privacy to enjoy a hammock rest and
island breezes and sunset or as a separate place for the household
pets to play while the owners are entertaining. A convenient outdoor
shower is also available. The expansive waterside patio and deck
areas offers generous sunning, peaceful relaxation and beautiful,
tranquil bay views. There is a fully equipped outdoor kitchen with
JennAir & ULine appliances. The separately heated spa is surrounded
by many Queen and Royal Palm trees, the most expensive of its kind.
There is an extremely large attached 3+ car garage with multiple built-
in closets plus a pull down stair storage and plantation shutters.
The estate also offers custom sliding Plantation Shutters, hurricane
shutters, new paint, professional landscaping, an expansive paver
circular drive, garden area seating and and impressive covered grand
front entrance.
Dock & Open Water Access: The large dock will accommodate up to a 70'
yacht and the property includes 50' of riparian rights rather than the
20' that is typical on the rest of the island. The dock is located
around the corner from the Gulf with immediate direct open-water
access and protected yacht dockage and it includes phone, cable, water
and electric at the dock.
The home is also equipped with both security and sound systems
throughout, including the pool and lanai area.
Indications of current value: (1) previously appraised for Wachovia
Wealth Management at $5,500,000; (2) in late June, a nearby home that
was on the market for $8,500,000 sold for $8,400,000 CASH with a
closing that took only a matter of a few days; (3) a LOT ONLY property
with views but further away from the Gulf is listed at $4,500,000; (4)
a LOT ONLY located just 4 properties away is presently listed at
$3,200,000; (5) a home at end of the street is on the market for more
than $9,400,000; (6) new construction at the opposite end of the
street near a bridge and located on a busy street is on the MLS for
$7,200,000 following a recent price of $6,900,000; and (7) a new home
under construction across the street located on a small canal WITHOUT
the corner lot, the view, the southern exposure, the protected yacht
dockage or the increased riparian rights is currently listed at
$5,975,000.
Rental Home #1
PRIME BOATING LOCATION & EXCLUSIVE ISLAND STYLE LIVING + FURNISHED!!
Beautifully renovated with 3 bedrooms and 2 baths + den/office
waterfront heated pool home of 2,200 total square feet features tile
throughout, multi-slate counters with patina finished braid trim,
customer interior plantation shutters, crown molding and doorway
pediment trim throughout. Handcrafted Italian marble sinks ($700
each) in both bathrooms. Clear and accordian style hurricane shutters
protect and lock up the residence. The 117+ feet seawall is fully
equipped with vinyl decking & both a 20,000 LB. DOCK/LIFT and a 7,000
LB. DOCK/LIFT, one to use & one to lease! Seconds to open water & the
Gulf of Mexico past the private & picturesque Marco Island Yacht
Club. Room for all the toys with loads of extra parking on the
expansive driveway. Brand new "Estate Style" homes are currently
under construction in the immediate vicinity! Lot is oversized at 117'
on water, 110' down sides and 104' at street. A very wise investment!
Ready to use yourself or lease to snowbirds for that all important
cash flow. Rental company in place for seasonal leasing valued at up
to $2,600 per week!
Indications of value: (1) new listing very nearby that is the same
age, no pool, less desirable northern exposure, no renovations, a one-
car garage and no furnishings is available at $2,650,000; (2) a home
identical in floor plan and water direct location just closed June 29
for $1.7 Million; and, (3) a similar home in the same unit is on the
market for more than $1.9 Million.
Rental Home #2
Turnkey FURNISHED colorful "Key West Pink" renovated waterfront heated
pool home (2 bedrooms and 2 bathrooms with den/office or 3 bedrooms
and 2 bathrooms). Will accommodate any watercraft up to a 45 ft
yacht! Hardwood and tile floors, wall of glass sliders leading to
heated pool and screened lanai, GE Profile appliances, pedestal sink
and rimless shower doors, circular dirveway, laundry room and more!
Get to open water & the Gulf of Mexico in seconds. 80 feet on water
and 110 feet down sides. Lot is standard island lot with most
requested southwest exposure. Quick exit to Naples off island bridge
near private Marco Island Yacht Club. Significant equity and
exclusive Marco Island living. Dock your yacht and enjoy the colorful
sunsets! Rental company in place to lease this property for valuable
cash flow valued at up to $1,500 per week!
Fabulous investment in area of much higher priced properties. New
executive home under construction at end of street! Previously
appraised at $1,570,000!
JP Investment Holdings offers luxury estates and homes as well as
building lots and large land parcels that are located nationwide at
WHOLESALE prices, some with seller financing. Several residences are
turn-key ready for occupancy with the finest of furniture, designer
accessories and art. For builders and developers or those seeking raw
land investments, JPIH offers building lots and large land parcels in
some of the most beautiful, unspoiled areas available.
To review all of our property listings or to obtain information on how
to submit an offer, please visit our web site at
http://www.jpinvestmentholdings.com
Jerry Justice
JP Investment Holdings, LLC
P.O. Box 74942
San Clemente, CA 92673
Sales@jpinvestmentholdings.com
http://www.jpinvestmentholdings.com
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