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Riviera Villas Orlando FL Available

  • $5,004,000
  • 66 beds
  • 40 baths
  • 36,664 sqft

Riviera Villas Orlando FL

Sale Price: $5,004,000
Price / Unit: $121,000
Price / SF: $123.01
No Units: 41
Cap Rate: 6.9%
NOI: $311,106
Lot Size: 2.72 Acres
Building Size: 36,664 SF
Market: Orlando

Riviera Villas which is a 41 unit multifamily complex, built in 1966. The property is of
concrete block construction with pitched-shingled roofing, consisting of 1 two-story
apartment building with a total of approximately 36,664 gross square feet and is
situated on 2.72 acres. The unit mix is 1 studio, 14 one bedroom one bath units, 26

two bedroom one bath units. The utilities are separately metered for electric, paid for
by the tenants, and water, sewer, and trash are paid for by the landlord. The units
feature central air conditioning and an onsite laundry facility. The flooring is carpet
throughout. Ideally located under fifteen minutes to Interstate-4, Camping World
Stadium, and Downtown Orlando. Half an hour to the University of Central Florida,
Disney, and Orlando International Airport.

More Information

• PLEASE RUN YOUR COMPS
• PROPERTIES ARE SOLD IN AS-IS CONDITION W/ NO REPAIRS
• FINANCIALS WILL NOT BE SENT WITHOUT SIGNED NDA/POF ON FILE
**FULL ADDRESS, PRICE, RENT ROLL/OM/T12 WILL ONLY BE RELEASED
WITH POF IN THE FORM OF A BANK/FUND STATEMENT, NON BINDING LOI AND NCND**

Available on 08.18.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

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Price:
$5,004,000
Address:
Riviera Villas
Orlando, Florida
Square Feet:
36,664
Lot Size:
2.72 Acres
Bedrooms:
66
Bathrooms:
40
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1966

Additional Features

Riviera Villas Orlando FL. Amazing opportunity to own this home in a very desired location. Great investment Property is on an over-sized lot, larger than other properties close by. Don't miss out on the endless possibilities that this home has to offer.

Call (954) 280-5883 for more details

Property Location