For Sale

Listed by Katie Holz, PA from EMPIRE NETWORK REALTY

Source: Stellar MLS #O6313868

Pinebark Avenue Orlando FL 32811

$1,389,000

11
11
1
1 sq. ft.
1 sq. ft.

MultiFam

30+ days on the market

About this property

THIS LISTING IS FOR 8-UNITS INVESTMENT PACKAGE! PRIME ORLANDO LOCATIONS. ? EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY ? STRONG CASH FLOW & HIGH DEMAND LOCATIONS. - LOCATIONS: 3 UNITS IN PINE SHADOWS CONDOMINIUM, IN DIFFERENT BUILDINGS (KIRKMAN RD & CONROY RD AREA, NEAR UNIVERSAL PARKS) AND 5 UNITS IN PARK CENTRAL CONDOMINIUM, IN DIFFERENT BUILDINGS (CONROY AND JOHN YOUNG PKWY, NEAR THE MALL AT MILLENIA). THIS SELF-MANAGED PORTFOLIO OF 8 CONDOS OFFERS IMMEDIATE CASH FLOW, WITH ALL UNITS 100% LEASED, GENERATING INCOME FROM DAY ONE. LOCATED IN TWO HIGH-DEMAND ORLANDO COMMUNITIES, THESE UNITS ARE IDEALLY POSITIONED FOR LONG-TERM APPRECIATION AND RENTAL STABILITY. OCCUPANCY: ALL 8 UNITS ARE 100% LEASED. SELF-MANAGED BY THE OWNERS, SMOOTH TRANSITION FOR NEW OWNERSHIP. FINANCIALS: MONTHLY RENTAL INCOME: $13,020 | HOA FEES: PINE SHADOWS: $1,197/MONTH, PARK CENTRAL: $1,702/MONTH | PROPERTY DETAILS UNIT TYPES & SIZES: 3 UNITS ? 2 BED / 2 BATH WITH GARAGE | 5 UNITS ? 1 BED / 1 BATH | CONDITION & RENOVATIONS: VERY WELL-MAINTAINED UNITS, MOVE-IN READY | LEASE TERMS: STABLE TENANTS WITH A SOLID PAYMENT TRACK RECORD ? SOME LEASES ARE NEARING EXPIRATION. | TENANT QUALITY: EXCELLENT TENANTS WITH PROVEN RELIABILITY | INVESTMENT HIGHLIGHTS: CLOSE TO UNIVERSAL STUDIOS AND THE NEW EPIC UNIVERSE PARK, MILLENIA MALL, MAJOR EMPLOYERS AND ATTRACTIONS - HIGH RENTAL DEMAND & APPRECIATION POTENTIAL ? ORLANDO?S MARKET CONTINUES TO GROW - TURNKEY INVESTMENT ? OCCUPIED UNITS GENERATE IMMEDIATE CASH FLOW - FLEXIBLE INVESTMENT STRATEGY, OWNER OPERATED. BULK SALE PREFERRED, BUT INDIVIDUAL UNIT SALES CAN BE CONSIDERED. SERIOUS INQUIRIES ONLY. CONTACT FOR MORE INFORMATION AND PROPERTY DETAILS. **Please note that SIRS (Structural Inspections Reporting System) and Milestone Inspections are not required for THE PINE SHADOWS CONDOMINIUM, as it is under the 3-story and above requirement. Pine Shadows Building are 2-story. **For the Park Central Condominium, the HOA has completed the required SIRS and Milestone Inspections. A BROCHURE IS READILY AVAILABLE. PLEASE SEE THE ATTACHMENT OR CONTACT YOUR AGENT. Listing agent has ownership interest in the properties. - Pine Shadows Address: 4457 PINEBARK AVE UNIT 44-1, 4448 PINEBARK AVE UNIT 56-1, 4379 WHITE PINE AVE UNIT 83-2, - Park Central Address: 5144 CITY ST UNIT 237, 2314 MIDTOWN TER UNIT 1126, 5017 CITY ST UNIT 1932, 2200 METROPOLITAN WAY UNIT 926, 5016 PARK CENTRAL DR UNIT 2231.

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