Full DD: http://nrpi.cjb.nethttp://www.ragingbull.altavista.com/mboard/boards.cgi?board=NRPI
Official site: http://www.nrpi.com
About the company:
National Residential Properties, Inc. (OTC BB: NRPI), based in Miami, is a fully reporting company. The company's business is real estate development.
NRPI projects are:
1) building a 60 unit luxury apartment house in Miami known as GRANADA GRAND, mortgage commitment and funding will generate $7,000,000 revenues and $2,500,000 net income in 2001;
2) building a 60 unit luxury apartment house in Miami known as CONQUISTADOR PLAZA, generating $7,000,000 revenues and $2,500,000 net income in 2001;
3) Now under construction, the company is developing a subdivision in Vero Beach, Florida, known as EAGLE TRACE. EAGLE TRACE is a heavily deed restricted, walled, gated community with a lake in the center. NRPI will build houses and sell lots to other builders. The sale of the lots in EAGLE TRACE will generate $1,500,000 net income in year 2001.
4) A 60 unit condominium project known as COSTA DEL SOL, located on Bay Harbor Island, which will generate $10,000,000 in revenues and a $3,000,000 profit to the company in year 2002;
ENCORE SERVICES, INC. is a licensed Florida contractor, which is licensed to obtain building permits and build the company developments.
The company is seeking acquisitions and land for real estate developments.
CONTACT: National Rehab Properties, Inc., Miami
Company Contact:
Richard Astrom, President and CEO
305/573-8882, Fax: 305/571-8357
Web Page: http://www.nrpi.com
or
PMR & Associates LLC, San Diego, Calif.
Investor Relations:
Patrick Rost, 760/942-0015