ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97,000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown, this is a "turnkey" investment opportunity, 100% occupancy, annual tenants, providing a blended 6.64% CAP-RATE. These two separate quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes a combined heated 5,203 s/f and total size of 5,797 s/f. Both building are on City of Eustis water & sewer services. Building 422 Profile: (3-qty) 1-Bedroom, 1-Bath and (1-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2018. Building 426 Profile: (4-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2019. Building 426 also has a detached (4-qty) Rental Storage Units with Roll-Up Doors that also generate cash flow to the property. All units have (2) dedicated parking spaces each. Additionally, the property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. For reference, the purchase price includes the following properties: 422 E. Citrus Ave, Parcel ID#11-19-20-0100-076-00401, Alt Key#1759641 "and" 426 E. Citrus Ave, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information.
Durée du bail
12 months5,203 Sq Ft
0.62 Acres privés Taille du lot
investissement
630 $US Impôt mensuel
Intégré 1925
MLS/Identifiant de l'annonce G5108356
8 Unités
Auvents
Stratifié
Bois dur
Carrelage en céramique
Tapis
Slab
Non meublé
Métal
Parking - Ground Level
Éclairage
Habillage de fenêtres
Shingle
Hotte aspirante
Gamme
Chauffe-eau à gaz
Chauffe-eau électrique
Construction - Wood Siding
Construction - Wood Frame
Construction - Stucco
Cooling - Multi-split AC
Climatisation - Climatisation centrale
Stockage
Salon-salle à manger
Chambres séparées
Walk-in Closets
Heating - Electric
Cuisine et salle familiale combinées
Cuisine avec coin repas
Fonctionnalités intégrées
Lot - Oversized Lot
Lot - Level
Lot - Landscaped
Réfrigérateur
Lot - City Lot
Parking - Open
Parking - Guest
Parking - Assigned
Sélectionné
Porche arrière
Patio
Front Porch
Ci-joint
Couverture
Cadres en bois
Stores
Cadres en aluminium
Sidewalk
Crawlspace
Ventilateurs de plafond
Armoires en bois massif
Thermostat
Lot - Sidewalk
Animaux acceptés
COÛT MENSUEL TOTAL
0 $US
0 $US
0 $US