4260 Us-90 Pace, FL 32571 | Other | Multi-Family

$1,800,000

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Description

Turnkey apartment complex consisting of five garden style buildings housing 20 units in the rapidly growing community of Pace FL! The complex includes four 1 bedroom 1 bath units that are roughly 725 square feel and sixteen 2 bedroom 1 bathroom units at about 800 square feet. The majority of the apartments have been updated with either tile or LVP flooring new paint new fixtures and neutral tones. Some value add opportunity is available for the new owner in the remaining units that have had loyal tenant populations over the last 3+ years. Additional upgrades include roof replacements of all five buildings in 2020 and 2021 parking lot resurfacing in 2020 and multiple HVAC units and water heaters replaced in the last 5 years. Property rents quickly upon turnovers.

Property Details

Property Type Multi-Family Status Active CMLS ID# 30808225

structure

Total Baths 0 cooling Package Unit heating Electricity parking features Parking lots in front of buildings roof Hip stories 1 stories total 1 year built 1984

characteristics

lot size units acres # of Buildings 5

tax

parcel number 10-1N-29-0000-02302-0000 zoning R3

financial

net operating income 75600.0

contract

listing terms Cash to Seller

compensation

Buyer Agency Comp. 2%
The buyer agent compensation offered only applies to participants and data share participants of the Gulf Coast CMLS.