REDUCED: 12 Acres in NJ near Hospital approved for Medical Facility

I have this great property: 12 acres pre-approved for Medical. I have end buyers interested: doctor groups want to build surgical center. The problem is timing: the property needs to be saved from foreclosure by February 22nd. To save it they need $1.8M and it was appraised early 2011 for $2.8M.  JUST REDUCED LAST CHANCE  $1.56M CASH 30 days to close.  City wants a medical facility built on land next to hospital.

In addition, surgical center is high revenue to buyer. Resale: doctors show willingness to $2.2M-$2.5M.

 

Block 86 Lot 208, East Freehold, New Jersey, near Hospital and doctors willing and able.

We have full appraisal, engineering letter, specs, all due diligence completed: ready to go to the right investor.

 

The sellers will provide presales or pre-leasing to at least meet the minimum standard for lender commitment for the construction phase (not the land purchase phase).

 

Contact investors@strikerrealty.com for more info.

 

http://strikerinvestmentteam.com/propertyhighlights/propertyhighlig...

 

 

 

 

 

 

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JUST REDUCED TO $1.56M cash 30 days to close.  Last chance to pick up this great property.  Email me.

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