AUCTION
Saturday, December 1st, 11:00 A.M.
5 Cottages at The Cottages of Suwannee Preserve
Located on the beautiful Suwannee River

Bell, Florida
40 Miles from Gainesville

Partnership is dissolving some real estate
holdings and says sell the homes!

These are income producing properties
Fully furnished with good rental history


For more information on The Suwannee Preserve, click HERE

aerial view of property
Homes are 3 bedrooms, 3 baths and 2 bedroom, 2 baths.
Two (2) are River Front
Three (3) are River Access
One (1) Cottage will sell at ABSOLUTE AUCTION
view of property
THE COTTAGES OF SUWANNEE
PRESERVE HOMEOWNERS ASSOCIATION ASSESSMENTS

Association Fee: Eight Vacation Homes (8)
Satellite tv $35.00 per month
General Liability Insurance $35.00 per month
Property Management $50.00 per month
Yard Maintenance $100.00 per month
Maintenance of Common Amenities $22.00 per month
Property Taxes, Common Property $100.00 per month
Water Treatment $10.00 per month
Reserve for septic pump repairs $10.00 per month
Garbage Pick Up $10.00 per month
Administrative, Postage, etc. $15.00 per month
Total Monthly Fee $387.00 per month
view of property
RENTAL INCOME (Projected for 2008)
RIVERWATCHER: (riverfront) 45% occupancy (60/40 split)
Net to Owner $18,000.00
Gross Rental $30,000.00
RIVERBEND: (riverfront) 45% occupancy (60/40 split)
Net to Owner $18,000.00
Gross Rental $30,000.00
WHITETAIL: (river ACCESS) 35% occupancy (60/40 split)
Net to Owner $11,400.00
Gross Rental $19,000.00
NIGHT FISHER: (river ACCESS) 35% occupancy (60/40 split)
Net to Owner $11,400.00
Gross Rental $19,000.00
THE CYPRESS: (river access, 2 bedroom, 2 bath)
30% occupancy (60/40 split) - Net to Owner $9,000.00
Gross Rental $15,000.00
view of property
MILES TO:
Gainesville 40 Jacksonville 85
Tallahassee 105 Tampa 117
Orlando 121 St. Petersburg 155
Sarasota 218 Ft. Myers 286
Atlanta, GA 306 Miami 310

Auction Information:
PREVIEW DATES: Saturday, November 17th from 11:00 a.m. until 3:00 p.m. and Wednesday, November 28th from 11:00 a.m. to 3:00 p.m.
TERMS: 20% down on the day of sale with the balance due in 30 days. 10% buyers premium.
DRIVING DIRECTIONS: From Gainesville at I-75, take SR 24 24.5 miles. At light in Trenton, turn right onto Hwy. 129 North, go 10.4 miles.
At blinking light in Bell, turn left onto Strickland Ave. (CR 242), go 3.1 miles.
Turn right onto CR 341, go .02 mile.
Turn left onto Suwannee Ave. (Limerock Road), go 1 mile.
At stop sign, turn right onto NW 70 Ave., go .08 mile.
Turn left onto NW 7 Place, go .04 mile.
Turn right on NW 73 Way, go .09 mile.
Take left fork of road onto NW 13 Lane, go .03 mile.
The Cottages of Suwannee Preserve office is located on your right.
Call our office for a detailed package on these cottages
1-800-241-7591

Request Information If you would like a plat or brochure!
E-mail If you have a question!
Home Page Return to our Home Page


List Your Property With Us
Registered U.S. Trademark
John L. Todd, Licensed Florida Broker #BK0521179
Joe Tarpley, Florida Auctioneer License No. AU408
Member NAA
Member GAA
Co. Auc. Lic. #AB249
1-800-241-7591

531 Broad Street, Rome, GA 30161
Local: (706) 291-7007
FAX: (706) 291-0335

PLEASE NOTE: All information contained in this site was derived from sources believed to be correct, but is not guaranteed. 2007. Any announcement made from the auction stand shall take precedence over any material presented on this site. Property lines are approximate. Contact our office for precise surveys.

©2007 J. L. Todd Auction Company