Eightplex investment opportunity! Located in the Tower Village subdivision, this single structure concrete block property is comprised of eight 2BR/1BA units, each roughly 768 sqft. Avg. in place rent/unit is $913/month with market rents in the same subdivision reaching $1,200+. All units have washer/dryer connections. 3 HVAC systems are new, 2019 asphalt shingle roof, all gas water heaters. Located less than 15 minutes away from the University of Florida and major retail/shopping centers. Units have a varying degree of upgrades including but not limited to flooring, cabinetry, fixtures, appliances, etc. Net income is pro forma estimate. Professionally managed, vacant unit is available for tours.
Eightplex investment opportunity! Located in the Tower Village subdivision, this single structure concrete block property is comprised of eight 2BR/1BA units, each roughly 768 sqft. Avg. in place rent/unit is $913/month with market rents in the same subdivision reaching $1,200+. All units have washer/dryer connections. 3 HVAC systems are new, 2019 asphalt shingle roof, all gas water heaters. Located less than 15 minutes away from the University of Florida and major retail/shopping centers. Units have a varying degree of upgrades including but not limited to flooring, cabinetry, fixtures, appliances, etc. Net income is pro forma estimate. Professionally managed, vacant unit is available for tours.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Other
Living Area: 6144.00
Roof: Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Electric
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Other
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Interior Features: Other
Legal Description: TOWER VILLAGE III PB K-58 LOT 30 & 2/38 INT COM AREA OR 4461/1963
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