These properties in the past were sold for a much higher price than at the present time. Consequently, these properties have gone into foreclosure or are in a short sale situation. A lot of the units need remodeling or additional work to bring them back to rentable or saleable stage.
Looking at the positive, it is a great subdivision and a great location. You probably can not get FHA or VA financing at Highland Oaks, only cash or conventional financing.
I have shown them and the complex is not up to what you would think about the Hunters Green area.
there are 24 units for short sale or foreclosed at this moment on the market. they are all cash sales.
If you are willing to wait out the turnaround, they are a good deal. the issues have been going on for a couple of years.
Let us know if we can help you.
Future Home Realty