As the leading buyer of distressed and court auctioned residential property in Southwest Florida, John Carney and the team at Carney Properties have built a solid reputation for excellence over an impressive 15-year track record in asset acquisition, repositioning, and disposition. Carney specializes in being the most prepared buyer in an otherwise chaotic market, our methodical, programmatic purchases of opportunistic assets on a recurring basis seem easy.
Carney renovation standards and supervision exceed new construction standards and provide a clear difference between our professionally repositioned properties and the broader market.
Investors will have the opportunity to purchase $500K units in the Carney Fund. This Fund will be used to purchase distressed and court auctioned residential and land properties in Southwest Florida. The Fund will receive a yearly 8% preferred return, plus 50% of remaining profits.
The total number of units available will be capped at 40.
The organization that is now Carney Properties and Investment Group has grown from humble beginnings to market leader status since it was founded in 1999 by John Carney. John’s impetus for founding the company came from a desire to improve communities through home renovations while earning outsized returns on capital. John has made this dream a reality and has proven that you can make a positive difference locally by facilitating quality home ownership at reasonable prices. Carney Properties’ systematic approach to acquiring, renovating and profitably disposing of distressed properties – while maintaining the highest standards of quality and workmanship in the market – is unrivaled.
Carney Properties is locally owned and operated in Cape Coral, FL. The company supports more than 10 full-time employees and independent contractors in the office and more than 75 tradespeople in the field. Since inception, Carney has purchased and sold more than 3,000 homes in the Southwest Florida market and is the #1 buyer of Court Auction property in Lee County.