Description
Investment opportunity!!! Projected Cap Rate of 6.5%! Quadraplex with each unit having 1 bedroom 1 bathroom. There are 2 quads available. They can be purchased together or individually. Pictures are renderings and for marketing purposes. Quads are part of the Community Redevelopment Act and as such will adhere to the Florida Vernacular Style. Expected rent is $900 a door. Projected rental proforma is an estimate and it is recommended that the buyer does their own due diligence. Projected rental proforma is as follows: Monthly rental for 1 Quad - $3,600. Expenses - $880. Simple Annual NOI $32,640.
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0BEDS
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0.44ACRES
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0BATHS
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01/2 BATHS
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2,100SQFT
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$238$/SQFT
School Information
Description
Investment opportunity!!! Projected Cap Rate of 6.5%! Quadraplex with each unit having 1 bedroom 1 bathroom. There are 2 quads available. They can be purchased together or individually. Pictures are renderings and for marketing purposes. Quads are part of the Community Redevelopment Act and as such will adhere to the Florida Vernacular Style. Expected rent is $900 a door. Projected rental proforma is an estimate and it is recommended that the buyer does their own due diligence. Projected rental proforma is as follows: Monthly rental for 1 Quad - $3,600. Expenses - $880. Simple Annual NOI $32,640.
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