$1,400,000
100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION
Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers.
The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit.
The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated.
Investment Highlights
100% leased – all 5 units occupied with in-place income
$87,600 gross scheduled annual income
16.0x GRM
Approximately $280,000 per unit
Three buildings, including a newer third unit
Concrete-block construction
Prime SoDo/Conway Orlando infill location
Minutes to Downtown Orlando, SR-408 and I-4
Turnkey investment with immediate cash flow
Financials and current rent roll available to registered buyers.
10
Beds
⋅
5
Baths
⋅
O6446443
MLS
1922 Cloverlawn Avenue, Orlando