327 S Ronald Reagan Blvd
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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
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327 S Ronald Reagan Blvd
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