Corporate House ownership, 4 weeks/ yr, 1 wk/Qtr, Own Beach house for 10% of price Start Price USD 80,000.00 Current Price USD 80,000.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Monday, November 03, 2008 End Time Wednesday, December 03, 2008 Location Port Aransas, TX See more about 'Corporate House ownership, 4 weeks/ yr, 1 wk/Qtr,' Description Why buy a beach house when you can only spend a few weeks a year on vacation? Well now you can with a shared ownership in Corporate Housing? Corporate (A) shares of House to be sold at $80,000 blocks. Each block of (A) shares gives you 4 weeks of use per year at this Port A location. 1 week per Quarter, 4 weeks per year, and rotates every year backwards to get each shareholder new weeks each year. First in gets first picks of weeks in the Quarter. House is finished, and available for 2nd Quarter rentals in 2009.  Shareholders will divide cost between total number of shareholders for: Property Taxes, Electric, Water, Direct TV, Maid Service, Insurance, Maint, and any overhead. Shareholders will receive a fully furnished 2800 sq ft house that can be rented, or used by shareholder.  Shareholder is responsible for any renters in their allocated time.  Property will be managed by the LLC, and will have voting rights of each individual decision reagrding property with respect to the number of shares held in the property. 10 Blocks of (A) shares will be offered.  There will be a need of 7 blocks to be sold to make the housing work as a corporate home.  All monies will be refunded if a minimum of 7 blocks have not been sold. Interested parties please contact Mike Baker with Baker Investment Properties, LLC at 512.470.0788.  If you want to know more about Port Aransas, or the Newly opened Arnold Palmer Golf Course, Newport Beach Golf Club please call, or you can check online. Place a Bid!