Fractured Condo, built new in 2007/8. 42 units out of 56 available. Seller purchased as REO from Suntrust Bank in summer 2010, installed appliances, made ready and leased up community, stabalized the property, revived the association via receivership process, balanced the association budget(just 1 delinquent owner now), and made many improvements to the community. This is a clean, fully leased up, well run, cash flowing fractured condo opportunity. Soon fractured condo product will be gone from our market. This is a unique opportunity to have a cash flow and reap the rewards of an upward value trending condo market at the same time. We see sell out of these condos within 2-3 years well over $100k/unit. All units are 2/2 with 1200 ft2 with plenty of parking spaces and W/D in every unit. Hancock Creek Blvd S runs from Pine Island to Pondella. Great quiet location on a side road very close to all shopping, dining and entertainment.