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Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
Preleased Duplex Presentation Web
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Preleased Duplex Presentation Web

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Transcript

  • 1. Turn-Key Positive Cash Flow Real Estate Investments Presenting: NEW CONSTRUCTION PRE-LEASED DUPLEX HOMES IN FORT SMITH, ARKANSAS
  • 2.
    • PRESENTER / SELLING AGENT:
    • Chris Runyan ~ Keller Williams Realty of NWA
    • Member Arkansas, National, & Local REALTOR Assoc.
    • 8 Years Investment Property Experience
    • Lifelong Arkansas Resident
    • Over $20 Million in Transactions to Out of State Buyers
  • 3. TONIGHT’S GOALS YOU WILL LEARN ABOUT: THE GREATER FORT SMITH ARKANSAS REGION THE FUTURE OF THE REGION WHY THE TIME IS RIGHT FOR : PRE-LEASED POSITIVE CASH FLOW PROPERTY Why the area is a safe haven for real estate investors
  • 4. What Makes a Great Area to Own Property?
    • Population Growth
    =
    • Increased Housing Demand
    =
    • Less Available Land
    =
    • Increase in Property Values
  • 5. What Makes a Great Area to Own Property? Why Does Population Grow?
    • JOBS!
    • Desirable Climate
    • Educational Opportunities
    • Recreation
    • Affordable Living
    • Medical Facilities
    = HIGH QUALITY OF LIFE
  • 6. DEFINING THE REGION CENTRALIZED LOCATION WHERE IS? FORT SMITH, ARKANSAS
  • 7. HIGH QUALITY OF LIFE WHAT DEFINES REGION TODAY? DEFINING THE REGION
    • LOW COST OF LIVING ~ 26% BELOW NATIONAL AVG.
    • FORBES RECENTLY RANKED #1
    • AFFORDABLE HOUSING ~ $176K AVG.
    • RANKED #6 INCOME GROWTH IN US~ FORBES
  • 8. HIGH QUALITY OF LIFE WHAT DEFINES REGION TODAY?
    • AVERAGE COMMUTE ONLY 18 MINUTES
    • US AVERAGE OF 28 MINUTES
    DEFINING THE REGION
    • DESIRABLE CLIMATE ~ 200 DAYS OF SUNSHINE
    • 74 AVG HIGH – 44 AVG LOW
    • ABUNDANCE OF OUTDOOR RECREATION
    • SURROUNDED BY OZARK & OUACHITA MOUNTAIN RANGES
  • 9. WHAT DEFINES REGION TODAY? DEFINING THE REGION
    • NEW 4 YEAR UNIVERSITY
    • The University of Arkansas-Fort Smith
    HIGH QUALITY OF LIFE
    • REGIONAL HUB for MEDICAL SERVICES
    • ACTIVE MILITARY TRAINING BASE
  • 10. PRO-BUSINESS ENVIRONMENT WHAT DEFINES REGION TODAY?
    • #6 LOW COST OF DOING BUSINESS IN US~
    • FORBES
    • TOP 25 SMALL CITY FOR
    • DOING BUSINESS~
    • INC MAGAZINE
    DEFINING THE REGION
  • 11. TOP MAJOR EMPLOYERS Arkansas Best Freight – 1,000 Sparks Medical – 2,150 St. Edwards Medical – 1,800 Baldor Electric – 1,800 Whirlpool Corporation – 3,000 University of Arkansas-Fort Smith – 800 Rheem Air – 1,800 OK Industries – 4,800 DEFINING THE ECONOMY ~ JOBS DEFINING THE REGION
  • 12.
    • CURRENTLY HIGHEST ACTIVE LABOR FORCE EVER
    • CURRENTLY HIGHEST EMPLOYMENT EVER
    • 4.5% UNEMPLOYMENT ~ US AVG 5%
    • PROJECTED TO ADD OVER 10,000 NEW JOBS NEXT 6 YEARS~
    • ARKANSAS DEPARTMENT OF LABOR
    THE ECONOMY ~ GOOD NEWS!
    • DISCOVERY OF FAYETTEVILLE SHALE-NATURAL GAS RESERVE
    DEFINING THE REGION
  • 13.
    • $100 MILLION IN ADDITIONAL DOWNTOWN INVESTMENTS
    • 7 NEW MANUFACTURING PLANT ANNOUNCEMENTS IN THE LAST 6 MONTHS
    DEFINING THE REGION
    • I-49 PLANNED
    • CONNECTING CHICAGO & CANADA TO GULF OF MEXICO AND MEXICO
    • 10,000 NEW RESIDENTS IN LAST 18 MONTHS
    THE ECONOMY ~ GOOD NEWS!
  • 14. THE FORT SMITH ARKANSAS REGION DEFINING THE REGION A Safe Haven for Real Estate Investors..
    • STEADY AND PREDICTABLE
    Buy Property Here If You Desire:
    • 5% Vacancy Rate
    • Fort Smith Property Managers Association – 4QTR 07
    • HIGH OCCUPANCY
    • 5-7% APPRECIATION ANNUALLY(OFHEO)
    • 40% of Population Rents
  • 15.
    • SUBPRIME WOES
    • RENTAL MARKET WILL CONTINUE TO THRIVE
    DEFINING THE FUTURE HOUSING
    • LESS PEOPLE CAN AFFORD TO BUY HOMES
    • CHANGING LENDING REQUIREMENTS
    • MORE MONEY OUT OF POCKET TO OWN HOME
    • JOB GROWTH = HOUSING DEMAND
    DEFINING THE REGION
  • 16. What Makes a Great Area to Own Property? POPULATION GROWTH!
    • JOBS!
    • Desirable Climate
    • Educational Opportunities
    • Recreation
    • Affordable Living
    • Medical Facilities
    = THE FORT SMITH REGION!
  • 17. What Makes a Great Property to BUY ?
    • High Occupancy or Tenants In Place
    +
    • Low Maintenance
    +
    • Location
    +
    • Experienced Property Management
    + POSITIVE CASH FLOW + + SELLER INCENTIVES + + DISCOUNTS +
  • 18. THE TIMING IS RIGHT INVESTMENT OPPORTUNITY TURN-KEY NEW CONSTRUCTION PRE-LEASED DUPLEX HOMES WITH POSITIVE CASH FLOW
  • 19. INVESTMENT OPPORTUNITY BUILDER/DEVELOPER
    • 30 YEARS EXPERIENCE IN MARKET
    • DANNY MEADOWS CONSTRUCTION
    • PROVEN TRACK RECORD
    • HANDS ON BUILDER
  • 20. INVESTMENT OPPORTUNITY NEW CONSTRUCTION PRE-LEASED DUPLEXES TENANTS LOVE ‘EM!
    • LAWN MAINTENANCE PROVIDED
    • NEAR JOBS, SHOPPING, ENTERTAINMENT, & SCHOOLS
    • SUBDIVISION LOCATED AMONG NEW SINGLE FAMILY HOMES
    • TRIED AND TESTED LARGE FLOOR PLANS
    • FENCED-IN BACKYARDS
    • LESS RENTS PER MONTH BUT SAME BENEFITS OF HOME RENTAL
  • 21. INVESTMENT OPPORTUNITY NEW CONSTRUCTION PRE-LEASED DUPLEXES INVESTORS LOVE ‘EM!
    • POSITIVE CASH FLOW WITH 10% DOWN
    • DESIGNED FOR LOW MAINTENANCE COSTS
    • NEW CONSTRUCTION(2007 OR NEWER)
    • TURN-KEY OWNERSHIP
    • PRE-LEASED
    • BUILDER ALSO OWNS PROPERTY MANAGEMENT
    • EASY TO HANDLE WARRANTY ITEMS & MAINTENANCE NEEDS
    • 10% UNDER APPRAISED & SELLER INCENTIVES
  • 22. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES
  • 23. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES
  • 24. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES
  • 25. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES AMENITIES
    • 80% BRICK
    • FULLY SODDED & LANDSCAPED
    • 2 CAR GARAGES
    • PRIVACY FENCED
    • DISHWASHER, STOVE & RANGE, MICROWAVE, BLINDS INCLUDED
  • 26. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES 3 FLOOR PLANS
    • 2,600-2,900 SQ FT
    • (2) 3 BEDROOM 2 BATH 2 CAR GARAGE UNITS (2,600-2,800 SQ FT)
    • (2) 2 BEDROOM 2 BATH 2 CAR GARAGE UNITS (2,600 SQ FT)
    • HYBRID (1) 3 BEDROOM 2 BATH 2 CAR GARAGE UNIT AND (1) 2 BEDROOM 2 BATH 2 CAR GARAGE UNIT (2,900 SQ FT)
  • 27. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES DUPLEXES LOCATION LOCATION LOCATION
  • 28. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES SELLER INCENTIVES
    • SELLER PAYS 2% OF PURCHASE PRICE
    • DISCOUNTED PROPERTY MANAGEMENT
    • DISCOUNTED 10% OFF RECENT APPRAISALS ($20,000)
    • ONE YEAR BUILDER’S WARRANTY
  • 29. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES FINANCIAL PROFORMA – 6 BEDROOM PLAN PURCHASE PRICE $198,500 DOWN PAYMENT 10% $19,850 TOTAL FINANCED $178,650
  • 30. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES DEBT SERVICE 10% DOWN, 30 YEAR FIXED,10 YEARS I/O, SELLER PAID 2PT BUYDOWN INTEREST RATE AS OF 5/18/2008 = 6.375% MONTHLY PAYMENT ESTIMATE: $1,374 INCLUDES MI FINANCIAL PROFORMA – 6 BEDROOM PLAN
  • 31. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES FINANCIAL PROFORMA ESTIMATED EXPENSES TAXES $150 /MO INSURANCE $50 /MO MANAGEMENT FEES $95 /MO TOTAL EST. EXPENSES $1374/MO ACTUAL GROSS RENTS $1,590 /MO DEBT SERVICE $1079 /MO TOTAL ESTIMATED EXPENSES $1374 /MO MINUS ESTIMATED AFTER TAX CASH FLOW +$523/MO ESTIMATED CASH FLOW +$216/MO
  • 32. INVESTMENT OPPORTUNITY SOUTH MEADOWS ESTATES FINANCIAL PROFORMA GROSS ANNUAL RENTS $19,080 ANNUAL ESTIMATED NET INCOME BEFORE TAXES $2,592
  • 33. IN SUMMARY FORT SMITH IS A GREAT AREA TO INVEST IN SOUTH MEADOWS ESTATES ARE A GREAT PROPERTY TO OWN THE TIMING IS RIGHT
  • 34. INVESTMENT OPPORTUNITY WHAT IS NEXT?
    • CALL NREI CLUB AT 925-846-2582 or
    • EMAIL NREI CLUB AT
    • [email_address]
    • REFERENCE: FORT SMITH DUPLEXES
    First Come, First Serve Basis TO RESERVE:

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