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327 S Ronald Reagan Blvd

1,394 SF 100% Leased Office Building Longwood, FL 32750 $442,000 ($317/SF) 9.60% Cap Rate

Investment Highlights

  • fully renovated free standing building in Longwood with 9.6% ROI
  • each unit equipped with kitchenette and full bathroom. No common area to manage
  • no vacancies since building was improved to multitenant

Executive Summary

Newly renovated investment opportunity with high return and low costs. The space includes: 5 office suites (gen office, licensed massage therapists, etc). Tenants in 1-year full-service leases. The building boasts 0% vacancy for 2022- 2024 along with a waiting list of tenants.

Financial Summary (Actual - 2023) 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 - 2023) 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

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
1,394 SF
Building Class
C
Year Built
1928
Price
$442,000
Price Per SF
$317
Cap Rate
9.60%
NOI
$42,432
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,394 SF
Building FAR
0.09
Land Acres
0.37 AC
Zoning
C-3, Longwood
Parking
12 Spaces (8.61 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Listing ID: 32234423

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 327 S Ronald Reagan Blvd, Longwood, FL 32750

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