Property Listing No Longer Available for Sale

21258 - WEST PARK, WEST PARK, FL

Multi-family for Sale - $445,000 - 5,738 Sq. Ft. on 0.29 acres


Property Info

CIMLS#126759
Location
  21258 - WEST PARK
  WEST PARK FL 33023
UpdatedMarch 15th, 2012
TypeMulti-family
Price$445,000
Building5,738 Sq. Ft.
Land0.29 acres

Property Description

17 apartments with motel license. Property is offered at only $26,176 per unit! The apartments are being rented weekly. The property is usually 80% occupied and yields a 17% cash on cash return. Located just east of 441 in West Park. The owner is also interested in trading the property for a larger apartment complex or warehouse.

Highly populated area with very active commercial corridor on State Road 441. Centrally located in the City of West Park, contains easy access to major transportation links such as I-95, Turnpike and the C.S.X. railroad tracks, which Tri-Rail utilizes. Despite the proximity to major centers, the street is very quiet and peaceful. (Br # 21258)

FOR MORE INFORMATION, PLEASE CONTACT RANDY NORT 954-483-0909 OR OLGA ROSADO 305-962-7186 / 954-455-3366


Financials