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 property is covered for general pest control and termites under Massey Services.
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.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.
Cordova Apartments is a nine-unit apartment building located near Downtown Orlando, Florida. The two-story building was built in 1925 with concrete block construction and the roof was last replaced in 2007. The nine units are broken up into a mix of three one-bedroom/one-bathroom units, four efficiencies, and two units that are two-bedroom/ two-bathroom. In 2008, the owner updated the property with fresh exterior paint, new appliances, new air conditioning units, and interior remodeling. Most of the units include all tile floors with a couple of units that have carpeting in the bedrooms. Tenants enjoy amenities such as off-street parking, coin-operated laundry facility, and a convenient location to nearby shopping.
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.
4-plex building, very well maintained with significant upgrades - too many to list, but will send a list by unit upon request. These rent so fast that the last two rented before we completed the cleanup from the last tenant. ABSOLUTELY NO OWNER FINANCING BEING OFFERED! Sorry.
4-plex, well maintained, solid money-maker with significant upgrades. Units were renovated floor-to-ceiling in 2006 and maintained ever since. Full list of upgrades available by unit. All high-quality products installed, including porcelain tile. Units rent before we have them ready, even with steadily increasing rents. ABSOLUTELY NO OWNER FINANCING BEING OFFERED! Sorry.
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