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.
Huurtermijn
12 months5,203 Sq Ft
0.62 Privé-hectaren Partijgrootte
investering
US$ 630 Maandelijkse belasting
Ingebouwd 1925
MLS/Listing ID G5108356
8 Eenheden
Luifels
Laminaat
Hardhout
Keramische tegel
Tapijt
Slab
Ongemeubileerd
Metaal
Parking - Ground Level
Verlichting
Raamdecoratie
Shingle
Afzuigkap
Assortiment
Gasboiler
Elektrische boiler
Construction - Wood Siding
Construction - Wood Frame
Construction - Stucco
Cooling - Multi-split AC
Koeling - Centrale airconditioning
Opslag
Woonkamer Eetkamer
Gescheiden slaapkamers
Inloopkasten
Heating - Electric
Keuken en familiekamer gecombineerd
Eetkeuken
Ingebouwde functies
Lot - Oversized Lot
Lot - Level
Lot - Landscaped
Koelkast
Lot - City Lot
Parking - Open
Parking - Guest
Parking - Assigned
Gescreend
Achterporch
Patio
Front Porch
Bijgevoegd
Gedekt
Houten lijsten
Jaloezieën
Aluminium frames
Sidewalk
Kruipruimte
Plafondventilatoren
Massief houten kasten
Thermostaat
Lot - Sidewalk
Huisdieren toegestaan
TOTALE MAANDELIJKSE KOSTEN
US$ 0
US$ 0
US$ 0