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21380 Hwy 27
Lake Wales, FL 33859 Winter Haven/Lake Wales

Price Upon Request

Apartments For Sale  •  55,707 SF

Property Details

  • Property Type Apartments
  • Total Building Size 55,707 SF
  • Lot Size 8.84 AC
  • Building Class B
  • Year Built 1959
  • Zoning 700R3
0 Transit Score
4 Walk Score

Highlights

Nearly $2M in Recent CapEx Upgrades completed in 2022-2023
Large 8.8-Acre Site - entitlements already in-place for mixed-use development
Strong Amenity Package with space to add more
Strong Going In Cash Flow: 7.15% going in cap rate
Strong Operating Performance: Achieving 95% trailing
On-Site Commercial Spaces: Three spaces available – one currently leased

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Courtyard
  • Microwave
  • Pool
  • Tenant Controlled HVAC
  • Tennis Court
  • Heating
  • Pet Play Area
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Wi-Fi
  • Freezer
  • Patio
  • Vinyl Flooring
  • Window Coverings
  • Private Bathroom
  • Smoke Detector
  • Walk-Up
Daniel Pinero 813-777-5230 CBRE
Daniel Pinero 813-777-5230 CBRE