3947 State Road 60 E | 3947 State Road 60 E
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3947 State Road 60 E 3947 State Road 60 E
4 Unit Apartment Building $739,000 ($184,750/Unit) 7.17% Cap Rate Bartow, FL 33830
Investment Highlights
- 1.29 Acres
- Metal Roofs
- Able to build Auxiliary unit for additional income
- Long Term Tenants
- Septic Drain fields and lines Replaced
Executive Summary
2 buildings 4 units 4,059 Sqft of heated space on 1.29 acres. Generates $65,000 annual income (Proforma 71,000 2025). Metal roofs, clean units, Central A/C, appliances, well-kept grounds, and located in RCC (Rural Cluster Center) Polk County zoning. Annual Expenses just over $11,000.00 (Tax, Ins, Yard Maintenance, Pest Control) Triplex and SFH replaced septic drain fields and lines. Great property for a 1031 Exchange option generating over $53,000.00 NOI. Gross sqft is 4,319 at $171.10 sqft. DO NOT GO TO PROPERRTY UNLESS APPROVED BY LISTING AGENT!
Financial Summary (Pro forma - 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 (Pro forma - 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 | $739,000 | Apartment Style | Single Family Home |
| Price Per Unit | $184,750 | Lot Size | 1.29 AC |
| Sale Type | Investment | Building Size | 4,319 SF |
| Cap Rate | 7.17% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1956 |
| Property Subtype | Apartment |
| Price | $739,000 |
| Price Per Unit | $184,750 |
| Sale Type | Investment |
| Cap Rate | 7.17% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Lot Size | 1.29 AC |
| Building Size | 4,319 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1956 |
Unit Amenities
- Cable Ready
- Storage Space
- Washer/Dryer Hookup
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Yard
PROPERTY TAXES
| Parcel Number | 25-30-02-000000-013090 | Total Assessment | $303,444 (2023) |
| Land Assessment | $29,543 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $273,901 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
25-30-02-000000-013090
Land Assessment
$29,543 (2023)
Improvements Assessment
$273,901 (2023)
Total Assessment
$303,444 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | RCC (RCC Rural Cluster Center is a Polk County zoning code. Represents multiple residential dwellings on acreage.) |
| RCC (RCC Rural Cluster Center is a Polk County zoning code. Represents multiple residential dwellings on acreage.) |
1 of 31
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3947 State Road 60 E | 3947 State Road 60 E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.