Orlando 8 units multi family
OFFERING SUMMARY
Sale Price: $1,604,000
Price / Unit: $200,000
Price / SF: $134.22
No Units: 8
Cap Rate: 10.1%
NOI: $101,008
Lot Size: 0.44 Acres
Year Built: 1984
Bldg Size: 11,176 SF
Zoning: R-3
Market: Orlando
8 unit multifamily complex, built in 1984. The property is of concrete block
construction with pitched shingle roofing, consisting of one 2 story apartment
building with a total of approximately 11,176 gross square feet and is situated on .44
acres. The unit mix is 8 two bedroom two bath units. Electric, water and sewer are all
paid by the tenants. The units all feature central air conditioning as well as full-size
washer and dryers. Seven of the eight units have recently been repiped and all of the
windows are new.
Ideally located under 15 minutes to Orlando International Airport and under 30
minutes to Walt Disney World Resort and the University of Central Florida. Easy
access to major highways including Florida's Turnpike, State Road 528 and Interstate
Highlights
Concrete Block Construction
All New Windows
All Tenant Paid Utilities
Washer & Dryer Hookups in All Units
All 2 Bedroom 2 Bath (1,220 Sq Ft)
History of High Occupancy
Under 15 Minutes to Orlando International Airport
Central Air Conditioning
Available on 08.19.2020
Don’t let this excellent opportunity pass you by! Get it yours now!