Amazing Opportunity to own this 8-unit Apartment complex in Central Florida. 2 beds and 1 full bath with private washer/dryer hookups in each unit. Tenants supply their own washer and dryer. Current tenants are on annual leases. Rent roll available upon request. The parking lot has 10 parking spaces and has recently been resurfaced and striped. The roof was replaced in 2020. Newer Windows. Tile floors throughout. Several of the HVAC units have been replaced within the past few years. All units are in good condition and well maintained by the owner. Public Water and Public Sewer. Tenants are responsible for their own electricity and water. Market rate / potential annual gross income of $129,600. Owner pays Lawn care ($150/Mo), Dumpster ($297/Mo), and Exterior lighting ($38/Mo). Close to everything and has easy access to I – 4 and shopping.
This property allows for short-term and/or Long term rentals. That’s right, NO Air BNB / VRBO restrictions! AirDNA supports an average daily rate of $197 per unit per day with an anticipated occupancy rate of 72%.