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Key Details
Sold Price $615,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID A10066428
Sold Date 03/07/17
Construction Status Resale
HOA Y/N No
Year Built 2000
Property Description
12 Affordable Homes Program Government Subsidized for Low Income Families in OSCEOLA County Florida. Passive Income all management in place with no owner participation. Great return, 10+ CAP, all units have been remodeled and rehabbed in the past 2 years. $66,250 Per Single family Unit!! Approx. $45 PSF. CASH DEAL! Quick Close. Sale Priced at $595K, 50%+ LESS than Tax assessed value $1,237,600!!!. INCOME $145,000. NOI $72,500. 12CAP
Location
State FL
County Other County
Area 3390
Direction Seller requests exact and various locations are kept confidential, see brokers remarks. Photos, geographical area is not exact for rendering purposes only. **See brokers remarks for detailed disclosures. NDNC Agreement must be signed per sellers.
Interior
Heating Central, Electric
Cooling Central Air
Flooring Other
Exterior
Waterfront No
Roof Type Other
Total Parking Spaces 12
Building
Story 1
Sewer Other
Water Other
Level or Stories One
Structure Type Other
Construction Status Resale
Others
Ownership Other Ownership
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Alpha Realty
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