UPDATED:
10/29/2024 07:08 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,360 sqft
Price per Sqft $366
Subdivision Entzminger Farms
MLS Listing ID O6243672
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $4,271
Lot Size 1.140 Acres
Acres 1.14
Property Description
10 CAP RATE!!!! Which is nearly $400k/yr! WOW!!! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!!
##LIST AGENT IS THE SELLER AND DECISION MAKER!! DEAL DIRECT FOR AN EASY DEAL!!##
SELLER WILL STAY AND CONTINUE TO OCCUPY THEIR PORTION, LONG-TERM, AND LEASE BACK FROM BUYER. NO VACANCIES!! FULLY OCCUPIED AND LEASED, BETWEEN THE SELLER AND THE SELLER'S TENANTS WITH LARGE SECURITY DEPOSITS IN PLACE!!
Plug N Play Investment!!! Located on the booming US Highway 17-92!! Longwood, FL 32750. For all you out-of-staters dying to get into FL Commercial Real Estate.. this is the ORLANDO MARKET!!! Surrounded by everything!! Close by Everything! You name it, it's not far!
BDG 1::: 15 office units! 3360sf.
BDG2::: 3 flex space units & 7 separate office units, total of 10 units! 7000sf.
So, 25 units grand total!
Lots of recent renovations done, as well as the tenants all have long term leases, so your income is guaranteed from day one! Parking lot just redone and resealed!!! Great looking place, even better looking RETURN ON INVESTMENT!!!
All pertinent information can be verified under contract: Rent Roll, P&L, bank statements, survey, environmental, etc are all available and on hand. As a preliminary... Rent Roll/ P&L/T12 are available, now. Just ask.
All information is to be deemed accurate but is at buyer and buyer's agent's discretion to verify all information. Showings by appointment only. DO NOT DISTURB THE TENANTS!
Location
State FL
County Seminole
Community Entzminger Farms
Zoning C2
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Other
Furnishings Negotiable
Fireplace false
Laundry None
Exterior
Exterior Feature Sidewalk
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Emergency Power, Fiber Optics, Fire Hydrant, Phone Available, Private, Sewer Available, Water Available
Waterfront false
Roof Type Metal
Garage false
Private Pool No
Building
Lot Description In County, Unincorporated
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other, Owner Financing, Private Financing Available
Listing Terms Cash, Conventional, Other, Owner Financing, Private Financing Available
Special Listing Condition None
