1300 Lake Howard Dr SW | Winter Haven, FL 33880
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- LoopNet Team
1300 Lake Howard Dr SW
Winter Haven, FL 33880
Lakeshore Club · Multifamily Property For Sale · 50 Units
Investment Highlights
- Rare Opportunity to be Able to Acquire an Irreplaceable, Infill Lakefront Property Located in Downtown Winter Haven.
- Can be Acquired Free & Clear or by Loan Assumption: Balance of $7,463,268, 3.15% Interest Rate (10 Yr Term, 30 Yr AM, Origination 7/3/2020
- Opportunity for New Ownership to Capitalize on Unobstructed Lake Views by Charging Tenants an Additional $100 Per Month Premium.
- Elevator Serviced Concrete Block Asset with Climate Controlled Interior Corridors. Originally Conceived as a Condo Building.
- Desirable Unit Mix Featuring 1, 2, & 3-BR Units Averaging a Market Leading 1,225 SF. Tremendous Mark-to-Market Opportunity w/ Rents Per SF 35% Below
- Features a Resort-Style Pool with Expansive Sun Deck, Lighted Tennis Court, Resident Clubhouse, Gym, His/Her Saunas, Lakeside Dock with Boat Slips
PROPERTY FACTS
| No. Units | 50 | Lot Size | 3.21 AC |
| Property Type | Multifamily | Building Size | 55,120 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Mid Rise | No. Stories | 5 |
| Building Class | C | Year Built | 1985 |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 3.21 AC |
| Building Size | 55,120 SF |
| Average Occupancy | 94% |
| No. Stories | 5 |
| Year Built | 1985 |
Unit Amenities
- Air Conditioning
Site Amenities
- Fitness Center
- Pool
- Sauna
- Waterfront
- Dock
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 5 | - | 995 |
| 2+2 | 41 | - | 995 - 1,400 |
| 3+2 | 4 | - | 1,933 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $105,124 | Total Assessment | $3,861,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$105,124
Improvements Assessment
$0
Total Assessment
$3,861,400
zoning
| Zoning Code | R1B |
| R1B |
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