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Gelfand Realty Miami Properties - Commercial

6100 LAKE ELLENOR DR, ORLANDO, FL 32809

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Commercial -

6100 LAKE ELLENOR DR, ORLANDO, FL 32809

Sold Price$2,450,000 Asking Price$2,990,000

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  • Days on market:

    187 day(s)
  • Original Price:

    $2,990,000
  • Tax Legal Description:

    ORLANDO CENTRAL PARK NO 33 5/72 BEG ELY MOST COR BLK B RUN S 39 DEG W 417.44 FT N 46 DEG W 175.58 FT N 21 DEG W 110.76 FT N 33 DEG W 130.08 FT N 40 DEG W 54.18 FT N 49 DEG E 49.39 FT E 135.64 FT N 59.26 FT W 7 FT N 6 FT E 7 FT S 3 FT E 157.38 FT N 51 DEG E 39.75 FT TO SWLY R/W LAKE ELLENOR DR SELY ALONG CURVE 125.11 FT SELY ALONG CURVE 128.99 FT TO POB
  • Tax Year:

    2020
  • Property Type:

    Commercial
  • Construction Type:

    Concrete
  • Cooling Description:

    Central Air
  • Special Listing Conditions:

    None

Description

$2,990,000

We are pleased to bring to market 6100 lake ellenor, a rare add-value opportunity. the building is a 38,420 square foot office building located in the orlando central park submarket which is home to 23,000 employees and local businesses. the property currently has 30.67% vacancy and features a mixture of small and large tenants allowing an owner to have stabilized cash-flow, as well as, opportunity to push rents on the small spaces. the property's current cap rate is 6.18% and new ownership has the immediate ability to grow it by 9.62% bringing the property to a potential 15.8% cap rate. don’t miss this opportunity, call for details. price reduced - motivated seller! • value-add opportunity • 30.67% vacancy • grow the cap by 9.62% immediately • strong growth market • small & large office suites • great for investment & owner operator •half mile from the future ucf south orlando campus • 23,000 employees in the immediate area • abundant parking • quick access to major highways (i-4 & 528)

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