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$599,000 • living size area 7891 sqft
This is a great opportunity for a cash cow! current cap rate of about 15% with projected increases to exceed about 17%. there are 13 mobile homes leased out and one lot. there is also room to expand with another 6 mobile homes, with a septic system already in place for 2 of them. the cap rates on this property can soar with annual increases! this is a great way to have a good income and increase it steadily. this secluded property is an easy one to manage. in the county it is just minutes away from the highways. don't miss out on this one, sometimes when they sound too good to be true, they are real!Retail -
18843 LANSING, ORLANDO, FL 32833
Date Sold 08-06-2015
Sold Price$500,000 Asking Price$599,000
Share by:
- Living 7891sqft
- Lot size 82683sqft
- Taxes: Register to see
- Year Built 1974
-
Days on market:
118 day(s) Original Price:
$660,000-
Price per sqft:
$75.91 Tax Legal Description:
UNRECORDED PLAT BITHLO RANCHES ANNEX TRACTS 3 & 4 DESC AS BEG 200 FT E OF NW COROF NE1/4 OF SE1/4 SEC 27-22-32 RUN S 444.3 FT E 200 FT N 445.30 FT W 200 FT TOPOB IN SEC 27-22-32 SE1/4Tax Year:
2014-
MLS:
O5352313 -
Property Type:
Retail -
Parking:
19 to 30 Spaces
Roof:
MetalCooling Description:
Wall/Window Unit(s)Heating Description:
ElectricFloor Description:
CarpetVinylSpecial Listing Conditions:
NoneLot Features:
Oversized Lot
Description
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