Resort Condo Conversion Sandusky, OH

Resort Condo Conversion Sandusky, OH

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 Resort Condo Conversion Sandusky, OH Charles Hamilton Reply Send to a Friend   Print
 
Subject Author Date
Resort Condo Conversion Sandusky, OH Charles Hamilton 06-01-2005
This is a multi-part message in MIME format.

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=20
Wholesale Offer
In an independent Complete Self Contained Appraisal dated May 5, 2005, =
the following figures have been established for our Mertz project:

=B7 Retail Value (individual unit sales) =
$975,000=20

=B7 Wholesale Value (finished project =
liquidation) $825,000=20

=B7 Exposure Time (individual unit =
sales) 6 - 18 months=20

For a limited time, we are offering the completed project at the =
Wholesale Value of $825,000. However, individual units will be offered =
for sale. This offer expires upon the sale of an individual unit. =
Estimated completion of the project is late July, 2005.

Based on the information above, investment returns can be estimated as:

=B7 Annual rate of return for 6 month =
exposure 33.88%=20

=B7 Annual rate of return for 18 month =
exposure 11.19%=20

Please take the time to view the project information by following the =
links to the left. Contact us for additional information.

The appraisal referenced was used for a construction loan to finish the =
project. The appraisal was commission by the lender and is an =
independent analysis of the project.

Details at www.northcoastholdings.com/wholesale


--=20
North Coast Holdings LLC
440-331-2019
info@northcoastholdings.com

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<META http-equiv=3DContent-Type content=3D"text/html; =
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<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2><!--StartFragment --><FONT =
face=3D"Times New Roman"=20
size=3D3>&nbsp;
<H1 style=3D"MARGIN: 0in 0in 3pt; TEXT-ALIGN: left" align=3Dleft><FONT =
size=3D5><FONT=20
face=3DArial>Wholesale Offer<SPAN=20
style=3D"mso-fareast-font-family: 'Arial Unicode MS'"><?xml:namespace =
prefix =3D o=20
ns =3D "urn:schemas-microsoft-com:office:office"=20
/><o:p></o:p></SPAN></FONT></FONT></H1>
<P style=3D"MARGIN: 0in 0in 0pt"><FONT face=3D"Arial Unicode MS">In an =
independent=20
Complete Self Contained Appraisal dated May 5, 2005, the following =
figures have=20
been established for our Mertz project:<o:p></o:p></FONT></P>
<P=20
style=3D"MARGIN: 0in 0in 0pt; TEXT-INDENT: -0.25in; mso-list: l1 level1 =
lfo1; tab-stops: list .5in"><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Symbol; mso-bidi-font-size: =
12.0pt">=B7<SPAN=20
style=3D"FONT: 7pt 'Times New =
Roman'">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN></SPAN><FONT face=3D"Arial Unicode MS">Retail Value (individual =
unit=20
sales)<SPAN style=3D"mso-tab-count: 1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; =
</SPAN><SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN><SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN>$975,000 <o:p></o:p></FONT></P>
<P=20
style=3D"MARGIN: 0in 0in 0pt; TEXT-INDENT: -0.25in; mso-list: l1 level1 =
lfo1; tab-stops: list .5in"><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Symbol; mso-bidi-font-size: =
12.0pt">=B7<SPAN=20
style=3D"FONT: 7pt 'Times New =
Roman'">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN></SPAN><FONT face=3D"Arial Unicode MS">Wholesale Value (finished =
project=20
liquidation)<SPAN style=3D"mso-tab-count: 1">&nbsp;&nbsp;&nbsp;&nbsp; =
</SPAN><SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN>$825,000 <o:p></o:p></FONT></P>
<P=20
style=3D"MARGIN: 0in 0in 0pt; TEXT-INDENT: -0.25in; mso-list: l1 level1 =
lfo1; tab-stops: list .5in"><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Symbol; mso-bidi-font-size: =
12.0pt">=B7<SPAN=20
style=3D"FONT: 7pt 'Times New =
Roman'">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN></SPAN><FONT face=3D"Arial Unicode MS">Exposure Time (individual =
unit=20
sales)<SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SPAN><SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;</SPAN><SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;=20
</SPAN>6 - 18 months <o:p></o:p></FONT></P>
<P style=3D"MARGIN: 6pt 0in 0pt"><FONT face=3D"Arial Unicode MS"><SPAN=20
style=3D"COLOR: red">For a limited time, we are offering the completed =
project at=20
the Wholesale Value of $825,000. However, individual units will be =
offered for=20
sale. This offer expires upon the sale of an individual unit. Estimated=20
completion of the project is late July, =
2005.</SPAN><o:p></o:p></FONT></P>
<P style=3D"MARGIN: 6pt 0in 0pt"><FONT face=3D"Arial Unicode MS">Based =
on the=20
information above, investment returns can be estimated =
as:<o:p></o:p></FONT></P>
<P=20
style=3D"MARGIN: 0in 0in 0pt; TEXT-INDENT: -0.25in; mso-list: l0 level1 =
lfo2; tab-stops: list .5in"><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Symbol; mso-bidi-font-size: =
12.0pt">=B7<SPAN=20
style=3D"FONT: 7pt 'Times New =
Roman'">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN></SPAN><FONT face=3D"Arial Unicode MS">Annual rate of return for =
6 month=20
exposure<SPAN=20
style=3D"mso-tab-count: 1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; =
</SPAN><SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
&nbsp;&nbsp;&nbsp; </SPAN>33.88% <o:p></o:p></FONT></P>
<P=20
style=3D"MARGIN: 0in 0in 0pt; TEXT-INDENT: -0.25in; mso-list: l0 level1 =
lfo2; tab-stops: list .5in"><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Symbol; mso-bidi-font-size: =
12.0pt">=B7<SPAN=20
style=3D"FONT: 7pt 'Times New =
Roman'">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN></SPAN><FONT face=3D"Arial Unicode MS">Annual rate of return for =
18 month=20
exposure<SPAN=20
style=3D"mso-tab-count: 1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; =
</SPAN><SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN>11.19% <o:p></o:p></FONT></P>
<P style=3D"MARGIN: 6pt 0in 0pt"><FONT face=3D"Arial Unicode MS">Please =
take the=20
time to view the project information by following the links to the left. =
Contact=20
us for additional information.<o:p></o:p></FONT></P>
<P style=3D"MARGIN: 6pt 0in 0pt"><FONT face=3D"Arial Unicode MS">The =
appraisal=20
referenced was used for a construction loan to finish the project. The =
appraisal=20
was commission by the lender and is an <U>independent</U> analysis of =
the=20
project.</FONT></P>
<P style=3D"MARGIN: 6pt 0in 0pt"><FONT face=3D"Arial Unicode MS">Details =
at <A=20
href=3D"http://www.northcoastholdings.com/wholesale">www.northcoastholdin=
gs.com/wholesale</A></FONT></P>
<P style=3D"MARGIN: 6pt 0in 0pt"></FONT></FONT><FONT face=3DArial =
size=3D2><BR>--=20
<BR>North Coast Holdings LLC<BR>440-331-2019<BR><A=20
href=3D"mailto:info@northcoastholdings.com">info@northcoastholdings.com</=
A></FONT></P></DIV></BODY></HTML>

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