Description
Great opportunity! Mixed use building. 12 Total Units (6 Office spaces and 6 Residential apartments). Excellent condition. Vinyl wood flooring in most of the building. Plumbing and Electricity recently updated. First floor is actually rented as two separate Offices with one of them occupying 5 bays. Second floor has four 2bed/1bath, and two 2bed/2bath apartments. 100% Occupancy giving a Cap.Rate of almost 6% over Investment (see attached file). Long Term Commercial Leases and 1 year Residential Leases. Huge lot (30,670 sf) with 38 parking spaces for the front office and 16 spaces in the back for the apartments. Separated FPL meters. Please, do not contact or disturb Tenants. Showings will be scheduled after an offer is accepted. No interior visits allowed, only drive by for the moment.
School Ratings & Info
Description
Great opportunity! Mixed use building. 12 Total Units (6 Office spaces and 6 Residential apartments). Excellent condition. Vinyl wood flooring in most of the building. Plumbing and Electricity recently updated. First floor is actually rented as two separate Offices with one of them occupying 5 bays. Second floor has four 2bed/1bath, and two 2bed/2bath apartments. 100% Occupancy giving a Cap.Rate of almost 6% over Investment (see attached file). Long Term Commercial Leases and 1 year Residential Leases. Huge lot (30,670 sf) with 38 parking spaces for the front office and 16 spaces in the back for the apartments. Separated FPL meters. Please, do not contact or disturb Tenants. Showings will be scheduled after an offer is accepted. No interior visits allowed, only drive by for the moment.
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