Southern Springs contains 55 rental units, was constructed in 1984 and is comprised of 12 one story rental buildings and 1 one story laundry and maintenance building distributed over 3.4 acres. The buildings are wood frame construction, with a hard coat stucco veneer.A favorable unit mix of 12 one bedroom units, 29 two bedroom units, and 14 three bedroom units. Units range in size from 711 to 940 square feet, with an average unit size of 828 square feet. One bedroom units currently rent for $450/month, two bedroom units rent for $500/month and three bedroom units rent for $550/month. All apartments include fully appointed electric kitchens and private patios. There is also an on-site central laundry facility that generates additional monthly income. Multiple camera video security system allows property viewing from anywhere via the web. Listing agent has interest in Seller Trust.
20 Unit Multi Family Apartment style Motel presently leasing all units on a weekly basis. Built in 1945 - 1971 property could use updating. Well & 4 Septic Systems support property. Some Units have No Cabinets or Appliances. 17+ CAP. *Please do not disturb Tenants or Management. Showings by appointment only.*
REDUCED! MUST SELL THIS WEEK! $199,900 or BEST OFFER BUYS FOUR BEAUTIFUL AND FULLY RENTED HOUSES - ALL CASH BUYERS ONLY! Three Houses Rented to Great Tenants and One Rent Ready! Gross Rents are $3200 a month/ $38,400 a Year. The estimated net income of these four properties is $ 28,320 which is approximately 14.5% a year return after all costs including Management. Each house is in great condition and they all have a lot of recent improvements--see descriptions below. Nothing to do but collect rent. We have an excellent property manager as well, who we are happy to refer once a contract and deposit are in place. All four houses are near Downtown Jacksonville, Florida which is one of the 11 largest cities in the United States. 4517 Perry Street, Jacksonville, Florida is a 3 Bedroom/2 Full Bath House which is in a nice quiet neighborhood known as Brentwood and located very close to Historic Springfield where houses are selling in the hundreds of thousands of dollars. The house has been renovated from top to bottom. Improvements include:
Excellent Opportunity for a small time investor or a family. Come in with $75,000 down and seller will finance the rest at 5% interest. Property is fully operational and has gross income of $130,000. Potential for 75%+ cash on cash returns with financing.
Iconic mixed use building on 5th formerly occupied by celebrity Anthony Quinn and visited by real estate mogul Donald Trump. One of a kind!! Projected redeveloped value of $15,780,000. Perfect for redevelopment to boutique hotel, hotel-condo, or expansion with existing income in place from current tenants..get in on downtown Naples redevelopment boom. Olde Naples becoming New Naples!! Only $448 per square foot. Compare recent sales on 5th at $1088 per square foot multiple sales at $775 per square foot. 3 story mixed use building suitable for retail, office, apartment, condo, hotel, and hotel-condo. All spaces newly renovated and occupied. 13491 square feet under air and 16714 total. Frontage on 5th Avenue South and 9th Street South. Open air lanai with walk around balcony. Current rents below market with healthy scheduled increases 45% over next 4 1/2 years. Rezone to transient lodging with redevelopment/rezone triple NOI with projections estimate 15-20% Cap cash on cash $900,000+ NOI. Area for valet in the back. Lot is 41' x 153'. Rent bumps give Four corners a value of 13.7 million at 4 cap by year 5. Offers due August 31, 2015.
This is a very rare opportunity for an investor to have a corner lot at one of Miami Beach's main intersections. This is an assemblage of three current condominiums with 59 units in total. Properties are zoned RM2 and 28,806 sqft. This would be a great location to redevelop: incorporate store fronts-hotels-parking, or anything you can imagine.
Price Upon Req.125,608 SF
The Arbours at Silver Lake is a 120-unit apartment community located in the city of Leesburg, Florida in Lake County. Built in 2006, the property consists of 15 buildings made of wood frame construction, resting on a total of approximately 9.94 +/- acres. The community is ideally located off main arterial US Highway 441, just east of Lake Griffin, offering ease of commute to nearby employment and historical downtown Leesburg. The unit mix consists of (24) one bedroom/one bathroom units with 833 rentable square feet, (80) two bedroom/two bathroom units with 1,075 rentable square feet, and (16) three bedroom/two bathroom units with 1,226 rentable square feet. Amenities include a fitness center, clubhouse, basketball court, playground, swimming pool, stand-alone leasing office, screened in private patios & balconies with numerous lake views, ample parking, optional outside storage and detached garages. Additionally, residents are responsible for water, sewer, trash collection, cable and electric expenses.
501 Corner Key is a 3 story, 29-unit apartment building with spectacular architecture, located in the growing are of East Little Havana; recently remodeled, title throughout, 70% of inside units renovated; Two blocks away from cultural "CALLE 8" full of famous restaurants, commercial retails and shops.
Auction.com and The Kern Company present the opportunity to acquire Heron Cove Reserve, a 100% occupied, multi-family property, with 16 units in two 8-unit buildings in Jacksonville, FL. The property is located within a private/gated community and was originally built in 2007 and completed/occupied in 2011. The property is located across from marsh land and enjoys scenic marsh and stunning scenery. The Heron Cove Reserve is conveniently located within easy access, only 15 minutes from both downtown Jacksonville CBD and Jacksonville International Airport, and 25 minutes to Jacksonville beaches. Additionally, the property is just minutes from the Jacksonville Zoological Gardens and River City Marketplace containing over 100+ retailers including Walmart, Lowes and Hollywood Theatres.Please Note, the clubhouse and pool are owned by a separate entity and are NOT included in this sale.
NO HOA - 2009 Construction townhomes less than 4 miles from the beach, 3 bedrooms/ 2.5 baths, with private back yard, laminate and tile flooring, stainless steel appliances, tenant occupied. Very little maintenance and utilities! Underpriced - can be sold separately.