Available direct from lender
Finally, an opportunity to invest in the most exclusive post code in all of Florida!
The following are full details on 46 foreclosures that we have received directly from the lender.
This opportunity would be the absolute icing on the cake for your US property portfolio! If you have done your
homework on Naples (Collier County), you are fully aware that there is no inventory under $100,000, let alone
something of this caliber. Our firm is based in Naples and we can assure you that there is nothing comparable
to this value currently on the market. This concrete block construction development was built in 2002 as condos
(not rental units). every unit comes equipped with stainless steel kitchen appliances, granite countertops,
upgraded cabinets and tile in kitchens/bathrooms.
The seller has just dropped these prices an additional $10,000 to get down to current
pricing,
If interested, please contact us immediately as this project will be sold in bulk if all sales are not finalized within
the short window of time the lender has allotted us to come in and liquidate.
To reserve, contact us at properties@usa-bound.com 001 321 251 7904
Overview:
Heavily Distressed Opportunity starting at $53,900
Huge apartments, some with lake views
Net yields of around 10% typical
Many tenancies guaranteed until 2010
Close to the attractions of Naples in a solid residential area
Unprecedented deals available to cash buyers
75% discounted prices from peak in 2005/2006.
Figures:
Monthly Rent: $950
Monthly HOA - $230
Monthly Property Taxes - $90
Monthly Rental Management - $76
Monthly Net Income - $554 - $6648 per annum (10% net cash on cash)
About the Project:
Ibis Club Condominium includes 134-luxury residences enjoyed for year round, resort style lakefront living.
The community is built on spacious 14.7 acre-parcel of land. The land features a 2-acre lake, Lush landscaping
surrounds the property and an adjoining nature preserve give this community a tropical resort atmosphere.
Completed in 2002 Ibis Club Condominium was developed with the finest materials, and features a beautiful
Mediterranean style look. The low maintenance design offers much sought after individual privacy and sound
protection. Condominiums are available from 900 to 1,247 square feet and are available in 1, 2 and 3 bedroom
options. Assigned parking and garage space are available.
Unit sizes range from 900 to 1247 SF
Concrete floors between units
Gated community
World class children’s playground
24/7 Fitness Center
Permanent Nature Preserve
2 acre Lake
Assigned Parking
Garage Space Available
Amenities:
European style flooring
Ceramic Tile Baths
Convenient Pantry and Linen
Coordinated Window Treatment
Frost-Free Refrigerators
Volume Ceilings – 2nd Floor Only
Kitchens W/Breakfast Bars
European style kitchens
All granite counter tops
Dishwasher
W/D Hookup
Air Conditioning
Ceiling Fan
Storage
9 foot Ceilings
Full Kitchen
Patio/Balcony/Deck/Porch
Naples is an affluent, sophisticated town that lies on the Gulf Coast of Southwest Florida. Its’ many boutiques,
art galleries and restaurants are easily on par with Beverly Hills and Palm Beach, yet Naples retains an
easygoing, laid back atmosphere. Located on a stretch of southwest Florida that is not bordered by barrier
islands, Naples has seven miles of silky, white sand beach that overlooks the turquoise waters of the Gulf of
Mexico. Swimming, sunning, snorkeling and a full array of other water sports are available in Naples.
You’ll find some of the best golf courses in the state, tennis, fishing off the pier or chartered boats for deep-sea
fishing,
Olde Town Naples dates back to 1886 and still has all the charm of a Victorian village. “Millionaires’ Row,” in
Olde Town, showcases some of the gorgeous old homes of the era. Enjoy Florida’s outdoors browsing at The
Waterside Shops with 60 internationally renowned designer and specialty stores including Saks Fifth Avenue,
Cartier, Gucci, Tiffany & Co., Burberry, Brooks Brothers, Lacoste, Salvatore Ferragamo, and Louis Vuitton.
High end factory outlet shopping is just minutes away at the Miromar Outlets including stores such as Brooks
Brothers Factory Store, Calvin Klein, DKNY, Escada, Lacoste, Michael Kors, Polo Ralph Lauren Factory Store,
and Tommy Hilfiger. The Naples Pier, located at the gulf end, is a focal point of the neighborhood, as well as a
state historical site. The Naples Caribbean Gardens features a petting zoo and a self-guided trail that winds
through a tropical garden of native plants and birds. Naples is also just a short drive to Collier Seminole State
Park and the awe-inspiring Everglades.
Points of Interest:
Recreation/Leisure:
Naples Pier/Gulf of Mexico Beaches: 8 miles (14 minutes)
Everglades National Park: 32 miles (39 minutes)
Retail:
Coastland Center Mall: 8 miles (13 minutes)
Waterside Shops: 11 miles (16 minutes)
Miromar Outlet Mall: 23 miles (24 minutes)
Entertainment:
Philharmonic Center for the Arts: 12 miles (18 minutes)
Historic 5th Avenue: 6 miles (12 minutes)
Air Travel:
SW Florida International Airport: 34 miles (35 minutes)
