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23 Broken Condo's 1145 Park Ridge Cir

23 Unit Apartment Building $5,950,000 ($258,696/Unit) 6.67% Cap Rate Kissimmee, FL 34746

Executive Summary

23 Townhome units with 3 bedroom, 2.5 bathrooms that comes Fully Furnished and TURNKEY Townhomes located in Orlando/ Kissimmee MSA. These properties are perfectly suited for short-term rentals, Airbnb or as a primary home with a host of desirable amenities. Upon entering, you'll be greeted by a spacious and inviting living areas that provides ample space for relaxation and entertainment. The open floor plan seamlessly connects the kitchen, dining area and living room, creating a perfect space for family gatherings or hosting guests. All the bedrooms rooms are are in the second floor with the master bedroom with it’s own balcony. This community features the following amenities- 2 clubhouse, 2 pools, fitness center, lake access, gazebo, covered playground, basketball, tennis and volleyball courts. HOA includes 24 hours security guard, gated community, clubhouse amenities, garbage collection, irrigation and landscaping services. Easy access to shopping centers, restaurants, schools, and major theme parks. Kissimmee's vibrant atmosphere and proximity to Orlando's renowned attractions make it a highly desirable place to invest. Seller Financing available.

Data Room Click Here to Access

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $5,950,000
Price Per Unit $258,696
Sale Type Investment
Cap Rate 6.67%
Sale Conditions Bulk/Portfolio Sale
No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Building Size 29,693 SF
Average Occupancy 75%
No. Stories 2
Year Built 2002

Unit Amenities

  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Kitchen
  • Carpet
  • Dining Room

Site Amenities

  • Business Center
  • Clubhouse
  • Fitness Center
  • Playground
  • Pool
  • Gated
  • Furnished Units Available
  • Listing ID: 31141423

  • Date on Market: 9/1/2023

  • Last Updated:

  • Address: 1145 Park Ridge Cir, Kissimmee, FL 34746

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