Property Listing No Longer Available for Sale

1223 E Weatherbee Rd, Fort Pierce, FL

Industrial for Sale - $895,000 - 9,500 Sq. Ft. on 1.25 acres

Property Info

  1223 E Weatherbee Rd
  Fort Pierce FL 34982
UpdatedApril 22nd, 2018
Building9,500 Sq. Ft.
Land1.25 acres

Property Description

Income Investment Opportunity 12 Units set up as a 55 plus Community* Excellent occupancy record due to growing demand for over 55 housing. Over 9% Cap based on actual income and expenses. 10% cap based on proforma Income. See attached income and expense summaries and proforma on documents tab. *This Property also has conditional use approval for a 20 Bed-Assisted Living Facility(architectural plans approved) *Condo docs have been done for future condo conversion. Completely renovated in 2007 * CBS Construction. *10-Two Bedroom Units 2- One Bedroom units *Large screened patios, storage rooms with individual laundry rooms, and private rear yards * City Water.(See attached supplement and documents tab for additional information)


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