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Water Park & Hotel Condo Conversion: Orlando, Florida

   






Jay Sherman on site visit with the developer’s representatives, October 2007.
   

The newest trend in vacations – locals and tourists alike come to enjoy the water park and hotel all in one.

“Longer-term, the Orlando market should be a solid investment given its fundamentally solid economic base and in-migration.”
- Mark Zandi, Chief Economist, www.moodyseconomy.com

Investment Overview

  • $132,900 exterior, $142,900 interior
  • $14,290 check (6% rebate)
  • 1 year leaseback ($1,429 per month)
  • 60 (investor)/ 40 (prop mgr) split
  • 50% write-off of prop mgmt fee (consult your CPA as numbers may vary)
  • 11% return in equity, early 2009
  • 1st phase, $5,000 increase per phase, 4 phases total
  • 2 point buy-down on loan
  • $2,500 toward closing cost credit
  • Spring 2009: Water Park completion
  • 24-hour property management, hands-off and stress-free investment
  • 28 days annual use: friends and family
  • FREE TRIP if escrow closes in 30 days

    Download Investment Information
    Revenue Projections
    Purchase, Monthly and Annual Expenses
    Weather Statistics
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    Copyright © 2007-2019 Sherman & Associates Real Estate Investments, LLC. All rights reserved. Any information displayed is subject to change without notice. Dollar amounts and numbers are deemed reliable but not guaranteed and are forward-looking statements, which are estimated projections based on past performance of similar projects. We encourage you to perform your own due diligence regarding our company. This is not a public offering. This is not an offer to sell securities. Securities may only be sold under a state exemption or registration. Securities will only be sold to accredited investors or qualified purchasers who are residents of the state of California. Ultimately, a decision on whether or not to participate in any of our company's offerings should be made after conducting due diligence, careful analysis and consultation with legal and tax advisors of your choosing.