SoldMay 15, 2020

Listed and Bought with Tom Barrett

Source: Heartland Multiple Listing Service, Inc. #269598

4917 Manatee Dr, Sebring, FL, 33870

$1,600,000

Other

30+ days on the market

Sold: May 15, 2020

What's around 4917 Manatee Dr

About this property

RENTAL PORTFOLIO - This is your opportunity to become an instant "Landlord". Don't start from scratch buying properties 1 by 1. This package offers a diverse array of income producing properties all within Highlands County. There are 28 properties which include a total of 50 "doors". A mix of zoning from SFR, Duplex, MH on Owned Land, Commercial, Vacant Lot, etc. Most properties have long term tenants in place with the majority of rental rates currently at "below market average". Properties would benefit from TLC adding even more value to the portfolio. This investment would have a 10% CAP rate based on an operating cost of 25%.

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