Property Description
Fully leased Mixed Use Investment property! This attractive asset features a 2 story layout with professional storage & storefront on the bottom floor – along with a Studio apartment, and Three 3 bed/2 bath apartments on the upper floor.
Completely renovated to code and redone inside and out in 2020, this site is pristine. And sure to remain at full occupancy for years to come due to high demand and low availability. A site layout proves that it is low maintenance and high yield. Financials are available for review upon signing of an NDA.
7.75% Cap Rate with $154,980 of NOI.
– Interested parties must sign an NDA before any showings can be scheduled.
– Due to residential tenants, a minimum of 24 hours’ notice must be given before any showings can be scheduled.
Highlights
– Additional $20,000 commission bonus for buyer brought before 6/30/23!
– Mixed Use design for tenant diversification
– Fully renovated in 2020
– 100% occupancy
– On Site management
– 2 of 4 apartments are furnished
– Owner Financing Available
– 10 Minutes from the Beaches!