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Omega Equity occasionally has pocket
listings ranging from 5 to 100+ units. Such, undervalued properties often
come with below market rents and an opportunity for investor to
rapidly increase value through a more aggressive management.
Weather
you might be interested in strait and solo purchase and would like to
receive a property setup sheet or wish to invest as a limited partner
with our company, please email your investment criteria, price range,
targeted GRM or/and CAP, along with your contact info to Alex Kaspar:
Alex@OmegaEquity.com
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1117-1121 N. Nylic
Court Property
Remodeled to perfection in
2003, 1117 to 1121
Nylic Court is an Exceptionally Nice
Property that would please the pickiest buyer. Located only 10 blocks
away from Magnificent
Long Beach Ocean Avenue, Financial &
Business District and Beach Aria it seats only few minutes from major
shopping, schools and the 710 Freeway.
In
2003/04 over $100,000 was
invested on a long list of top quality upgrades. The new-alike
building now features not only the modern appearance, but completely
new copper/ABS plumbing, new water and interior gas heaters, great
deal of new electric wiring, new drywall, new doors, ceiling fans,
vertical blinds, windows, white kitchen cabinets, Frigidaire
brand-new stows & refrigerators, tastefully tiled bathrooms and
new laundry facility with Maytag® washer and dryer, which produce
between $75.00- $100.00
extra
cash flow a month.
The superb quality work done throughout the property
also includes new gas heaters, complete copper re-piping,
colored-concrete and completely new kitchens and bathrooms.
Secured Backyard Entry:
Back
yard/patio remodeling included installation of the new fence, colored
concrete and a laundry facility, which added new 100sft to the
existing structure. Two new security gates and motion activated flood
lights provide additional security and night time convenience.
Cable/ SatTV: During the extensive interior
remodeling, bedroom and living room walls were pre-wired with coaxial
cable all to the central
junction box located inside the laundry to bring the building to
up-to-date standards and effectively eliminate messy and façade
damaging drilling/exterior installation.
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