Price Upon Req.1,720 SF
This charming historic two story duplex is constructed of concrete block and was built in 1925. It is located in the desirable Thornton Park Neighborhood and part of the Lake Lawsona Historic District, an area known for its brick streets, majestic live oaks, and Bungalow Houses. The property has long term residents and is currently 100% occupied. Both units are on MTM leases and market rents are approximately $1,200/Mo (Down) and $1,300/Mo (Up). Property is being sold as a 2 property (4 unit) portfolio with the other duplex being located on Livingston Street, just a few blocks NE. This property is a one of a kind property that is Zoned R-2A/T/HP/AN (2-Family) and since the building is located within 5 ft of the rear of the property line, there may be an opportunity to live in a unit while designing a dream home in the front of the property. (City may require that the downstairs unit be converted to a 3-4 car garage without variance). This property is being sold on a 5% CAP rate if purchased with Livingston Duplex. (See property website for Financials and Pricing Details). Property is currently owned and being sold by Robert E. Smith, CCIM, Founder/Broker of Smith Equities.
This listing includes single family residences, duplexes, triplexes, vacant lots and apartment buildings in the heart of Downtown Orlando. Purchase includes 82 residential rental units returning a NOI of about $ 25,000 each month. In addition an Industrial/Commercial property is available with existing gross rent of over $20,000 per month.
TRIPLEX in Downtown Orlando with attached 2/1.5 townhomes. Each unit features a living room/dinette plus kitchen & guest bathroom downstairs; and upstairs 2 good-sized bedrooms separated by one bathroom. The living room opens out through sliding glass doors to a private back porch. Each unit also has a separate exterior laundry room with full size Washer & Dryers. Trane a/c units keep the tenant's electric bills low. There is a large fenced yard / common area at the back of the building which the tenants share for entertaining. The front lawn is landscaped and has an automated irrigation system. The landlord pays for water for the whole property. At the front there is a shared parking pad for 6-8 cars. The roof was installed at the end of 2006. The exterior was painted in 2015. The AC units for unit 511 was installed 2002, unit 513 was installed 2003 and unit 515 was replaced approximately around the same time frame. Massey services the pest control for the property.
Price Upon Req.94,080 SF
A 96 unit, duplex-style community, completed in 1984. Property offers spacious duplexes, each of which are two bedroom-two bath units, of approximately 980 square feet and feature a private driveway, direct access garage, a private, fenced patio and washer/dryer connections providing residents a sense of privacy that is unrivaled in the immediate area.
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. NEVER A LACK OF TENANTS!
Price Upon Req.1,652 SF
This charming two story duplex is constructed of solid block with an old fashioned tin roof and was built in 1940. Currently 100% occupied with rents of $1,200 and $1,050 per month. This duplex is set on a .264 acre parcel and offers a large wooded front yard with off street parking. The City of Orlando has plans to extend sidewalk in front of property as part of their Orlando Walks Initiative (Summer 2015). Property is being sold as a 2 property (4 unit) portfolio with the other duplex being located in Thornton Park, just a few blocks SW. This property is a one of a kind property that is Zoned R-2A/T (2-Family) and since the building is located within 5 ft of the rear of the property line, there is an opportunity to live in a unit while designing a dream home in the front of the property. (City may require that the downstairs unit be converted to a 3-4 car garage without variance). This property is being sold on a 5% CAP rate if purchased with Thornton Park Duplex. (See property website for Financials and Pricing Details). Property is currently owned and being sold by Robert E. Smith, CCIM, Founder/Broker of Smith Equities Real Estate Investment Advisors (SEREIA).
Built in 2009 these condominiumn units are loaded with upgrades and floor plans that average 1,261 square feet. These units can be sold individually by the new buyer. Buy in bulk and save! Solid appreciation continues to be the forecast for the Orlando Real Estate Market
***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
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.
McFall Apartments is a 6-unit multifamily complex in Orlando, Florida. It was built in 1952 of concrete block construction and renovated in 2013. The property consists of two two-bedroom/one-bath units and four one-bedroom/one-bath units for a total of 3,384 rentable square feet. The subject property sits on .14 acres of land. The units feature granite countertops and wood laminate flooring.