Commercial/Investment Properties
The Foothills Team Goes Global !
Now is a great time to buy investment property. There are some excellent values available in California and in other parts of the United States. There are also some excellent investment possibilities in other parts of the world. Investing in real estate these days can be on an international as well as national scale.
The Century 21 Select Foothills Team, as part of its overall consumer marketing efforts, is happy to promote an exciting real estate investment opportunity in one of the fastest-growing real estate markets in the world: the north coast of the island of the Dominican Republic.
This inviting island has five mountain ranges, countless rivers, spectacular waterfalls, sweeping valleys and is surrounded on three sides with breathtaking beaches. The development on the north coast is called Ocean Star Estates and consists of 43 acres of prime ocean view property, divided into individual building lots.
Every lot at Ocean Star Estates has deeded access to a beautiful secluded beach on the Atlantic Ocean. The land is located on a gentle slope, providing incredible ocean views. A lush mountainous backdrop completes the picture.
Here are some fast facts about the North Coast of the Dominican Republic:
* Land appraisals have been increasing 30% to 60% per year.
* The North Coast is fast becoming a major yachting destination in the Caribbean.
* Tourism is increasing 30% per year.
* Major tax benefits include no property tax on the first $150,000; no business tax on the first $85,000 in income.
* Building costs average $75 per square foot, one of the lowest building costs in the world.
Here are some pictures to whet your appetite. For more photos and details visit the Ocean Star Estates website by clicking here We think you’ll be impressed!
1656 7th Avenue, Olivehurst, CA $114,900
HERE IS A GREAT OPPORTUNITY FOR INVESTORS. This 1.24 acre parcel has an approved tentative map and approved improvement plans, per seller. The building plans consist of 4 fourplexes with each unit approximately 1166 square feet featuring a 3 bedroom, 2 bath floor plan. This lot is located next to Ella Elementary School and may have possibilities for federal development projects. Don’t miss this “property with potential”! To contact the listing agent click here.
18123 Joy Circle Road, Challenge, CA $210,000
1709 E. 11th Avenue, Olivehurst, CA $275,000
EXCELLENT INVESTOR PROPERTY! Seller has filed with the County for a 3 way split for this 0.72 acre parcel. There is one newly remodeled 900 s.f. home that is rented, a 3/2 fixer and a 3rd utility permitted unit to be developed as a potential flagship lot, the old foundation is currently being removed. To contact the listing agent click here.
1944 Robinson Mill Road, Bangor, CA $825,000
Here's a home where the buffalo roam! This amazing 50 acre property with a processing facility for buffalo mozzarella cheese, has a wonderful split level home and incredible potential for additional uses, including multiple homesites. This unique property with 2 spring fed ponds, a gravity fed watering system and irrigation water w/underground sprinklers in place, has great potential for farming and ranching. The 72x45 insulated cheese plant has 2 handicap bathrooms, lab, cheese processing room w/drive in cooler, shipping room, roll up doors, 12 milking stalls, 150x80x25 hay barn, grain silo, 120 stall stanchion, 32x160 loafing barn and 30x40 milk room. Explore the possiblities of this striking home on a range! To contact the listing agent click here.