Property Listing No Longer Available for Sale

650 Dixon Blvd., Cocoa, FL

Multi-family for Sale - $2,300,000 - 28,336 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#681186
Location
  650 Dixon Blvd.
  Cocoa FL 32922
UpdatedJanuary 28th, 2014
TypeMulti-family
Price$2,300,000
Building28,336 Sq. Ft.
Land49299.44 acres

Property Description

Riverside Village is a 52-unit apartment complex located in Cocoa in Brevard County, Florida. Constructed of solid concrete block, the property consists of twenty-three studio apartments, six 1-bedroom apartments and eighteen 2-bedroom apartments. The property is situated on 1.4 acres near the Indian River and includes an on-site laundry facility. The offering represents an opportunity to acquire a stabilized asset with upside potential through increased rents and the continued expansion of Florida's economy.

Location Description:

Riverside Village is situated at 650 East Dixon Boulevard, Cocoa, Florida. It is conveniently located near US 1 and access Highways 520 and 528 leading to Orlando and the Interstate 95 corridor. Port Canaveral, located just across the Bennett Causeway, is a cargo, cruise and naval port that generates over 13,000 jobs. The port is being dredged to allow for traffic from larger cruises lines and cargo vessels. The Indian River is minutes away, offering fishing and beautiful walking trails. Brevard Community College, Cocoa High School and retail destinations including Wal-Mart Supercenter are also nearby.

Highlights:

>> Turn Key Investment Opportunity

>> Opportunity to Add Value Through Increased Rents

>> Close Proximity to the Expanding Port Canaveral

>> Concrete Block Construction with Newly Replaced Roofs

* Email for additional photos


Financials

Sales Info:

>> Commision split: 50.0%