1922 Cloverlawn Ave., Orlando, FL 32806

1922 Cloverlawn Ave., Orlando, FL 32806
Photo 1 of 24
$1,400,000
Beds Baths Sq. Ft. Taxes Built
10 3,049 $11,996 1946
On the market: 0 days

Est. Monthly Payment:

$9,383($8,383 + $1,000 taxes*)

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APPROVED
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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.
Listing courtesy of Fernanda Negromonte, NOVA REAL ESTATE SERVICES INC