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9 South Fulton Ave., Mount Vernon, New York

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9 south fulton ave mount vernon new york

On Jan 17, 2012, we purchased another Bank REO at a steep discount. This property was previously acquired in 2005 for $1,250,000 and was recently appraised for $850,000. The commercial, residential, and warehouse space consists of over 13,000 sq ft. The property also includes a leased out parking lot.

Jacobs Real Estate Advisors is continuing to purchase defaulted notes and REOs from banks and other financials institutions at deep discounts with high IRRs for our investors.

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