Property Listing No Longer Available for Sale

312 E Venice Avenue, Venice, FL

Industrial for Sale - $2,750,000

Property Info

  312 E Venice Avenue
  Venice FL 34285
UpdatedJune 18th, 2017

Property Description

Strong cash flowing investment waiting for new owner! A mixture of 35 warehouse and 24 office units make up the 59-plex rental investment. Got a void? Then only get a +/-2% drop in occupancy! Average occupancy 97%+. Buildings have been well cared for: Repainted 2012, New roof 2013, Ac units - six of 7 around four years old, City water and sewer. Income flowing is $303k, expenses (INC tax, insurance, repairs and management office onsite) $72k leads to NOI of $231k or 8.4% cap rate! <br />

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Full details available subject to completion of NDA. All info regarding the property, including but not limited to financial info and projections (e.g., cap rates and valuations) are based on details from a variety of sources including but not limited to public records and owner-provided data.<br />

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View Full Listing: <a href=",73-0F2BE7D5FDE3/realestate.oodle.com___ODLSLcoW5beJF7HhxY_MXB8HANX8rA2BpdUnJejPqdL8a2P8uWHek8XYwXJVVmOr2ofLXJMdvxqJGeaxSh2UhKl4QxhF9mfvZalO5lvSvuBtuQuKnCvHOx97GRjh-4BMnLzfoWv8bYH-PH9VRiHOxdQ,," rel="nofollow">here</a>