Property Description

The Lakeshore Portfolio, a diverse collection of multifamily properties located in Lake Alfred, Polk County, Florida. This portfolio consists of seven properties situated along Lakeshore Way and David Avenue, comprising a total of 28 units on 2.30 acres, all in adjacent parcels. The properties feature a mix of concrete block and wood-frame construction, each with pitched shingle roofs. The portfolio offers a range of unit configurations, including studios, one-bedroom, two-bedroom, and three-bedroom options, accommodating varied tenant needs. Built between 1920 and 1984, each property maintains its distinct character and quality. Each unit is sub-metered for both electricity and water, with tenants responsible for their own utilities. Water is provided by the city, while each building has its own septic tank system. The Lakeshore Portfolio represents an excellent investment opportunity with stabilized utility management, low-maintenance septic systems, and solid construction across multiple building types and unit configurations. Its diverse unit mix and reliable infrastructure make it a prime acquisition for investors seeking both stability and potential growth in Lake Alfred’s multifamily market.

Property Details