Norada Real Estate Investments

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#1 Growth Market in the Country!

High End Single Family Homes
Top 10 MSA for Price Appreciation

Real Estate Investment - Charmont Estates, Mobile, Alabama

 Real Estate Investments in Charmont, Mobile, Alabama

DealGrader Score = 9.3

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Imagine if you had the foresight 7 years ago to invest heavily in Las Vegas, Miami, Phoenix, San Diego, and Honolulu, and to get out 2 years ago. Those markets all appreciated over 100% in a 5 year period.

Unlike the stock market, local real estate markets usually move in slow, predictable cycles. Appreciation is not magic or luck, it typically correlates closely with economic development and population growth in a local area.

If you missed out on Phoenix, Las Vegas and Florida (or if you rode those waves and know what it's all about), you have an exclusive opportunity to invest in Mobile, Alabama, ranked by Moody's & Forbes as #1 market in the country for economic growth between 2008-2012.

   
Investment Strategy:Buy & Hold
 Location:Mobile, Alabama
 Property Type:New Homes (3 bed, 2 bath)
 Transaction type:New Construction
 Market Value:$188,500
 Purchase Price:$166,500
 Instant Equity:$22,000  (12.0%)
 Cash Flow:$2,010  (year 1)
 Capitalization Rate:6.0%  (year 1)
   
   
#1 market in the USA for economic growth!
Top 10 MSA in terms of price appreciation.
Hyper job growth (50,000 to 100,000 more).
Low unemployment at 4.1% (February 2008).
No property tax for people over age 65.
Strong rental market.
Exclusive properties for our investors only.
Go Zone Qualified for bonus depreciation.
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