The Preserve at Temple Terrace
Tampa, Florida

UNITS ARE SELLING FAST!

INVESTMENT HIGHLIGHTS

The Preserve at Temple Terrace is a luxury condominium community in the heart of Tampa, Florida; close to all major highways. A utopia-like environment that reflects the casual, upscale attitude of a Mediterranean resort. The ambiance is evident in its sun-washed architecture and it’s comfortable approach to living, which is designed to pamper residents and captivate visitors.

Located less than 3/4 of a mile off of I-75 in beautiful Tampa, Florida. The Preserve at Temple Terrace is nearly brand new and is absolutely stunning. Premium locations throughout the campus have panoramic and breathtaking water views of pristine lakes, creeks, wetlands and nature preserves. The homes are well-priced with many self-indulging amenities.

We are offering these luxury condominium homes to you at the same prices offered to the existing rental tenants. According to Florida law, all rental tenants in a community MUST have the lowest prices available within the complex.

Furthermore, you will be able to purchase your condo unit(s) at a minimum of 5-10% below the prices offered to the general public in the on-site sales office. This is in addition to other credits, bonuses, guaranteed rents, all inclusive property management and more.

Imagine the luxury of owning investment real estate without the headaches of property management and tenant rent collections.  Have total peace of mind while you sit back and enjoy your real estate portfolio!

• Prime location located near downtown Tampa, Florida.

• 15th highest appreciating market in the country.  (National Association of Realtors)

• 26.2% annual appreciation. (1st Quarter 2006 MSA - OFHEO)

• Only a $4,000 deposit is required.

• Purchase at a minimum of 10% below the prices offered to the general public.  This is in addition to the 4-Year leaseback assurance Program, a personal concierge, all inclusive property management and all inclusive home service warranty with no minimum deductibles and more.

PROPERTY OVERVIEW

The Preserve at Temple Terrace is a beautifully kept property set amongst both scenic natural beauty and one of Tampa’s fastest growing neighborhoods. The Preserve is a modern design, with a hint of Mediterranean flare, perfect for the discerning buyer. The Property’s light colors against the surrounding green trees and blue bodies of water evoke a resort feel.

This 392-unit, garden style complex is rich in amenities including a large on-site lake, clubhouse, mature landscaping, sand volleyball court, grill areas, and two swimming pools. Residents enjoy a comfortable living space with features such as fully equipped kitchens, spacious floor plans, washer and dryer connections, mini-blinds, digital cable connections, and in select units; fire places, direct access garages, and vaulted ceilings.

Everywhere you look, you’ll like what you see. Graceful arches, burnished colors and contemporary conveniences. Residents can entertain in your new gourmet kitchen with designer whitewash cabinetry and you’ll want to find plenty of time to relax in the master bath complete with an oversized Roman soaking tub in every floor plan.

There’s so much comfort and style at The Preserve at Temple Terrace. Appreciate the cool ceramic tile front entries and the leisurely, decorative ceiling fans in the master bedroom. Take in the expansive extra-high 9-foot ceilings and the extra linen storage. Each apartment comes complete with a screened-in patio and there are wide window expanses for added natural light.

Inside, you’ll discover luxurious master suites with oversize walk-in closets and custom shelving, frost-free refrigerators, electric ranges and ovens, disposals and dishwashers.

The Preserve at Temple Terrace is a gated community with key entry. As a community, it offers many amenities: the conference room, beautifully lush tropical landscaped grounds, extensive concierge services and 24-hour a day professional maintenance, even full-size washer and dryer connections in every condominium home.

And, there’s more. The Preserve at Temple Terrace offers two resort-style swimming pools and heated spas, picnic areas and summer grills, an elegant clubroom and state-of-the-art fitness center. Like many others, it’s the place you’ll want to call home.

MARKET OVERVIEW

Temple Terrace is one of Tampa’s most sought after areas.  You’ll find that excellent shopping, first-class dining, access to major highways, downtown Ybor City and beaches are only minutes away. In addition to its many services and entertainment venues, Temple Terrace has excellent schools, parks, and recreational opportunities. Some of the best colleges and universities are within a 15-minute drive. Surrounding communities offer many recreational activities such as golf, fishing, water skiing, and beach access to lakes. Conveniently located near the Tampa International Airport, unique shopping, and trendy restaurants makes this community a vital place where the demand for housing often exceeds the supply available.

Tampa itself boasts a mild climate and beautiful waterfront, which attracts many new residents and visitors to the area. Tampa is ranked ninth nationally and first in Florida in Outlook magazine’s “Top 25 Choice Cities” in terms of transportation, job creation, work force availability, quality of life, cultural activities, and educational opportunities. With major sports teams, miles of world-ranked beaches, over 200 area golf courses, historic districts such as Ybor City, and multiple venues for shopping, dining, and nightlife is Tampa is one of the most diverse urban areas in the South.

• Miles of Gulf Beaches

• Exciting Downtown Areas

• 300+ Sunny Days a Year

• Multiple Major Cities in the Region

• Museums

• Nearby Theme-Parks

• Close Proximity to Orlando

• Championship Sports Teams

PROPERTY AMENITIES

COMMUNITY ADVANTAGES

• Gated community with private key entry

• Readily available conference room

• Electronic central trash compactor

• Lush manicured tropical landscaping throughout the community

• Expansive concierge services to pamper your senses

• Elegant architectural styling with custom stucco details

• 24-hour superior on-site maintenance

• Attached walk-thru 1 and 2 car garages with automatic openers

KITCHEN CONVENIENCES

• Designer white-on-white name brand appliances

• Frost-free refrigerator with ice maker

• Electric range and oven

• Generous wire-adjustable pantry

• Custom designed whitewashed cabinets

• Energy-saver multi-cycle dishwasher

• Double stainless steel sink with inlayed garbage disposal

• Breakfast bar

BEDROOM AND BATH BEAUTY

• Elegant oversized Roman soaking tub in every master bathroom

• Luxurious master suite with oversized walk-in-closet and custom shelving

• Spacious linen closet

• Huge bathroom with dressing area

FUN AND FITNESS

• Two resort-style swimming pools and heated spas

• Picnic areas with barbecue grills

• Convenient executive center with state-of-the-art computers and high-speed Internet

• Elegant and stately clubhouse with fireplace, large-screen television and VCR

• Fully equipped fitness center with state-of-the-art equipment

• Sand volleyball court

• Beautiful ponds and creeks in natural settings throughout the community

LOCATION, LOCATION, LOCATION

• Top rated colleges

• Five-star dining

• Interstate access

• Parks and lakes

• Shopping

• Professional sporting events

• Tampa International Airport

• Tourist attractions

• Downtown Tampa

	FLOOR PLANS  and  PHOTO GALLERY
	Click here to view the PHOTO GALLERY
			Turnquest Park Model	from $160,444
			Ranen Creek Model	from $198,302
			Click to download the Condominium Documents  (5.62 MB)

	EXCLUSIVE INCENTIVE PACKAGE
	5% EARLY CLOSING CASH BACK!
	Investor will receive 5% cash back (maximum of $7,500) within 14 days after closing.  Investor will receive a check to be used at the investor’s sole discretion.  Funds may also be applied to closing costs.  All seller cash back credits are subject to the investor closing 29 days or less after the date the Seller signs the contract.
	4-YEAR RENT GUARANTEE
	The 4-Year Lease-Back Assurance Program.  Each month, EquiLease will deposit the monthly rental payment due directly into the Investor’s bank account, via automatic direct deposit for a period of 4 years from the time of closing, absolutely no exceptions; regardless if the condo unit is rented or vacant, or if the tenant is current or delinquent.  Total assurance!
	Investor has NO worries of collecting rent or listening to tenant excuses.
	Investor has NO fear of negative cash flow-due to vacant units.
	Investor receives rent payment even if unit is vacant.
	Leaseback and property management incentives are FULLY TRANSFERABLE!
	NO LATE RENT PAYMENTS… EVER!
	(Click here for more information)
	4-YEAR FULL-SERVICE PROPERTY MANAGEMENT
	The investor receives 2 years of all-inclusive full-service property management for FREE and only $50 per month for the remaining two years.  Investor will be responsible for the actual cost and expenses pertaining to daily operation of the condo unit (i.e. maintenance, repairs, leasing fees, unit turnkey, etc.)  Every single aspect of the day-to-day property management will be handled by one of the nation’s leading property management companies. The Investor never has property management hassles or tenant aggravation!  Absolutely everything is taken care of for them – no exceptions.
	(Click here for more information)
	4-YEAR PERSONAL INVESTOR CONCIERGE
	Every investor has direct access to hands-on attention from the WaldenPacific Investor Concierge who manages all the details of property ownership with meticulous detail for four full years.  No tenant contact required!
	(Click here for more information)
	ONLY $4,000 ESCROW DEPOSIT DUE WITH CONTRACT
	LOW cash out-of-pocket.  The Investor only needs a $4,000 escrow deposit due upon signing of their contract. The balance of the 5% deposit is only due if the investor does not close by the 30 day closing date.
	(Click here for more information)
	FULLY TRANSFERABLE
	If the investor decides to sell their condominium within the first 4 year period, the leaseback assurance program and free property management service is freely transferable and fully assumable by the new purchaser.
	* The Leaseback Assurance Program and Property Management incentives require a one time setup fee of $200 that is deducted from the first month’s Leaseback Assurance distribution (after closing).

ANNUAL CASH-FLOW ANALYSIS *
	With a 10% Down Payment and a Fully Amortized Loan *
	PURCHASE INFORMATION
	Purchase Price:  (Turnquest Park Model)	$160,444
	First Loan Amount:	$144,400
	Second Loan Amount:	-
	Down Payment:	$16,044
	OPERATIONAL INFORMATION
	Annual Rents:	$11,568
	Annual Operating Costs:	$3,967
	Annual Loan Payments:	$9,386
	Before Tax Annual Cash-Flow:	$(1,785)
	TAX INFORMATION
	Tax Savings From Operations:	$553
	Tax Savings From Depreciation:	$1,279
	Total Annual Tax Savings:	$1,832
	AFTER TAX CASH-FLOW
	Before Tax Cash-Flow:	$(1,785)
	Tax Liability (Savings):	$1,832
	After Tax Annual Cash-Flow:	$47
	INVESTMENT INFORMATION
	Future Sales Price:	$258,397
	Estimated Cost of Sales:	$12,920
	Payoff on Mortgages:	$144,400
	After Tax Cash Proceeds:	$77,164
	RETURN ON INVESTMENT
	Initial Cash Down:	$16,044
	Operational Cash:	$(8,923)
	Tax Savings:	$9,160
	After Tax Cash less Down:	$61,119
	TOTAL CASH PROFIT:	$61,356
	TOTAL CASH PROFIT:	$61,356
	TOTAL RETURN ON INVESTMENT:	382%
	ANNUALIZED RETURN ON INVESTMENT:	76%
	CLICK HERE to DOWNLOAD the CASH-FLOW WORKSHEETS
	ASSUMPTIONS:
	Combined Federal and State Tax Rate:	21%
	Holding Period in Years:	5
	Interest Rate on First Loan:	6.50%
	Download the Cash-Flow worksheets page for additional assumptions.
	* Cash Flow can be increased using Interest-Only loans or higher down payments.   Interest rates are subject to change. Expenses are close estimates.