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.
Prazo do contrato de arrendamento
12 months5,203 Sq Ft
0.62 Acres privados Tamanho do lote
investimento
7560 US$ Imposto anual
Construído em 1925
MLS/ID do anúncio G5108356
8 Unidades
Lot - City Lot
Parking - Ground Level
Lot - Sidewalk
Termóstato
Armários de madeira maciça
Ventiladores de teto
Crawlspace
Sidewalk
Caixilhos de alumínio
Persianas
Molduras de madeira
Coberto
Anexo
Alpendre da frente
Pátio
Varanda traseira
Selecionado
Parking - Assigned
Parking - Guest
Parking - Open
Metal
Shingle
Tratamentos para janelas
Iluminação
Toldos
Laminado
Madeira de lei
Azulejo cerâmico
Tapete
Slab
Sem mobília
Heating - Electric
Closets
Quartos separados
Sala de estar e jantar
Cozinha e sala de estar combinadas
Cozinha com área para refeições
Recursos integrados
Lot - Oversized Lot
Lot - Level
Lot - Landscaped
Frigorífico
Exaustor
Gama
Aquecedor de água a gás
Aquecedor elétrico de água
Construction - Wood Siding
Construction - Wood Frame
Construction - Stucco
Cooling - Multi-split AC
Arrefecimento - Ar condicionado central
Armazenamento
Animais de estimação permitidos
CUSTO MENSAL TOTAL
0 US$
0 US$
0 US$