NAI Tampa Bay is proud to present its new EXCLUSIVE LISTING the Los Roles Apartments. This 183 out of 200 fractured condo complex has recently under gone a total renovation. The upgrades include new exterior paint, landscaping, lighting and laundry facilities. The newly renovated interiors features include, cabinets, granite counter tops, tile floors, bath rooms, lighting and numerous other upgrade. The property has just been completed and is in the final phase of lease up at 80% occupancy and climbing.
PRP Commercial Division is pleased to present the exclusive bulk offering of 17 condominium units within Villa Medici. In 2006, a condo converter purchased Villa Medici and completed a full interior renovation on all 360 units spending $14.3 Million to the development which included granite countertops, new cherry cabinetry, SS appliances, light fixtures, clubhouse & developer added a movie screening room. The Residences at Villa Medici units in 2007 sold for as much of upwards $300's which the bulk offering presents the opportunity for investors to acquire a block of units for an average of $88,235 a door. Fraction of 2007 pricing & below current replacement cost & 100% leased. Investor advantage on the acquisition of this bulk offering is the unit mix is currently underperforming on rental rates by nearly 20% which provides an investor with the opportunity to improve operations by hands on management to increase to today's market rental rates.
ATTENTION INVESTOR THIS IS A GREAT INVESTMENT OPPORTUNITY . WON'T LAST ON THE MARKET , 192 UNITS IN ORLANDO, FLORIDA. 7 BUILDING TWO-STORY CONCRETE BLOCK. 168 1BR/1BH AND 24 2BR/1BH. ALL UNITS HAVE CENTRAL HEAT/AIR, BALCONY OR PATIO. POOL, LEASING OFFICE, LAUNDRY FACILITY. ALL UNITS HAVE BEING COMPLETELY RENOVATED ON 2012. 98% OF THE UNIT ARE RENTED THE PROPERTY THAT ARE VACANT HAVE NO REHAB NEEDED. PROPERTY HAS A NOI OF $721,474.00 BEFORE TAXES IF NEEDED THE MAINTENANCE DEPT WILL CONTINUE WITH THE MANAGEMENT OF THE COMPLEX. THE PRICE IS VERY FIRM.
The property includes ceramic tile and carpet, central AC. Unit includes a dishwasher, range and refrigerator. The unit is close to the bus line an elementary, middle and high school.
***Please complete the Confidentiality Agreement and return to me*** 17 Multi Family Condo units located in a high occupancy area of Orlando. Property Features: Two Swimming Pools Sports court Shuffleboard Children's' play area Picnic/grill area Two Laundry Facilities Centrally located near Downtown Orlando Easy access to the 408, 528 and 417 10 minutes to the Orlando International Airport Balconies and patios Separate dining areas Fully equipped kitchens Washer Dryer available Kitchens with window Plenty of closets! Some floor plans with HUGE walk-in closets
THESE COZY CONDO'S ARE SITUATED NEAR DOWNTOWN AND IS SET FOR NEW HOMEOWNERS. TAKE ADVANTAGE OF THIS OFFER AND LIVE CLOSE TO TOWN AT AN AFFORADBLE PRICE. THE UNITS REQUIRE REHABILITATION (APPROX. $2,000-$4,000) BUYER OR REPRESENTATIVE MUST SEE PROPERTY BEFORE MAKING ANY OFFERS OR LOI. 0 INSPECTION DAYS.
The subject property is a group of six condos out of forty-six condos located in Orlando, Florida. The six condos are 100% occupied. Tenants pay electric and sewer. Water is included in the association dues paid by Owner.
Package deal of 4 single-family homes located on the same street in the Avalon area of Orlando. All of the houses are currently occupied with month-to-month tenants except for one of the houses which has a 1-year lease agreement signed in January of 2015. The houses are being leased under market value, so the cap rate could be higher if rates are raised or new tenants move in. With this package deal, you get the opportunity to buy these houses for a combined price of $730,000. Since similar houses in the area recently sold individually for $187k - $190k, this deal is a moneymaking opportunity.
Magnolia Villas is a fully renovated condominium complex featuring 21 duplexes totalling 42 rentable units and offering a 9.7% return. All of the42 units are two-bedrooms/one-bathroom with 756 square feet of living space and 840 gross square feet. Each unit is individually metered for electricity, has it's own individual septic sewer system and is individually parcelled. This offering is for 100% ownership of all 42 condominiums. ThIs sale includes two parcels that are approved for a buyer to build an additoinal duplex for a total of 44 units. Magnolia Villas was built in 1973 with concrete block construction on 4.8 acres of land. This entire community was renovated in 2014 featuring all new roofs, electrical wiring, plumbing, kitchens, bathrooms, drywall, tile flooring/carpet and appliances. All roofs, all AC sytems, and all appliances are under warranties that are transferable to the buyer making this property the newest product in the south of downtown submarket. Please use the link above to log in to the confidential website to access all financial and property information.
College Park Apartments is a 5 unit apartment complex located in the heart of College Park, near downtown Orlando, Florida. The subject property sits on 0.24 acres of land with a two-story triplex and a one-story duplex, both built with concrete block construction. The duplex was built in 1950 and features a two-bedroom/ one-bathroom unit and three-bedroom/ one-bathroom unit. The triplex was built in 1951 and features two one-bedroom/ one-bathroom units one two-bedroom/ one-bathroom unit. Tenant's enjoy amenities such as hardwood floors, ceiling fans, washer/dryer hookups, and plenty of parking for guests. The asset is fully occupied but features additional upside for the right investor since the property is Zoned MU-1, which enables a wide range of commercial uses. In addition to the zoning, the property is located on a busy intersection that enables additional income through signage and parking.