Income Property. Cap Rate 8%

FL

Income Property. Cap Rate 8%
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Asking Price: $1,150,000

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: $96,000

Building SF: 5,569

FF&E: N/A

Year Built: N/A

Income Property. Cap Rate 8%

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Property Description

GREAT INVESTMENT OPPORTUNITY!! NEIGHBORHOOD MIXED USE BUILDING:
6 UPSTAIRS RENTAL APARTMENTS AND 3 STORE FRONTS BELOW. DON'T MISS THIS OPPORTUNITY!!

Busy high rental, high traffic area

Room to raise rents as many are below market.

Near schools, highways and shopping malls.

Cap Rate 8.%

Property is in good maintenance.

An amazing opportunity to purchase a strip plaza/apt. building. This property has consistently generated a high cash flow., affording an owner an outstanding return after expenses.

Property is zoned as a C-3. A special classification for mixed use. Building consists of 3 retail stores and 6 residential units.

**PLEASE ONLY BUYERS. NO BROKERS**
Bank Financing is available to qualified buyers.
Qualified and well capitalized buyers are invited to initiate contact. Serious inquires with signed NDA.

Email: rudy.buydirect@gmail.com for NDA. Or text: 954-873-4257
Rudy Singh. Buy Direct Real Estate Inc.

Attention Buyers: We have other profitable businesses for sale such as gas stations, liquor stores, restaurants, car wash, auto repairs, supermarkets, hotels, strip shopping plazas, income property/apartment buildings. Also many off-market properties.

Detailed Information

Type:
Multi-Family
Building SF:
5,569
Building Status:
Established
Facilities:
LAND SIZE 8,854 SQ.FT. BLDG. 5,569 SQ.FT. PROPERTY IS IN GOOD MAINTENANCE. BUILDING HAS HURRICANE IMPACT GLASS WINDOWS INSTALLED NEW IN 2017. NEW ELECTRICAL PANELS AND METERS UPDATED IN 2014.
Financing:
Bank Financing
Current Property Expenses:
Seller will assist new owner so as to facilitate a smooth transition.
Location Description:
The area where this property is located is an extremely busy residential/commercial and fast growing community. Demographic studies indicate it is expects greater growth over the next ten years. The market for the strip plazas and income property has been very strong and continues to grow.
Current and Prior Use:
Mixed use – store and office or store and residential or residential combination
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Rudy Singh

Property Listed By:
Rudy Singh

Buy Direct Real Estate

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