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1031 Exchange / Investment Opportunities
LAKE FOREST RESERVES - Kentucky Property - Excellent resort opportunity located on the South Fork of Lake Cumberland. Property is located just 3 short hours from Cincinnati and surrounding cities. 60 acres are available fully developed at a competitive price of $10,000.00 per acre. Lots are laid out into one and one half acre wooded sites. Gated, blacktop private drive with city water, electric, and telephone. This can be sold over a sellout period and would offer an investor a capital gains tax opportunity rather than an ordinary income such as savings or CD interest. The return based on sellout is an astounding 66%. Offered as either the entire 60 acres or any portion of at least 5 lots or 7.5 acre minimum. Possible owner financing with an adequate down payment. Call Terry or Neil at 489-3043
DEVELOPED SUBDIVISION - 45 fully developed lots with sewer and gas valued at $39,900.00 each with a take out contract from two local production builders of 6 lots per quarter. There is also an additional 30 acres yielding 84 lots of semi-developed property that is priced at $27,000.00 per acre. Lot sale prices for future lots will be in the low $40,000.00 range. Excellent opportunity to enter the development business with all of the up front work completed. Call Neil at 513-489-3043
PARTIALLY DEVELOPED SUBDIVISION - Successful development in its 1st phase in Batavia Township, Clermont County. There are developed lots and additional acreage for another 71 lots in the $46,900.00 price range. Currently two (2) local builders have lots under contract which could be assigned to purchaser. Excellent opportunity to enter the development business with most of the up front work completed. Call for a complete package and details.
2 BUILDING LOTS - Pierce Township, Clermont County - Water, sewer, and gas. Call for package price.
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