4408 Land O Lakes Blvd | Land O Lakes, FL 34639
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- LoopNet Team
4408 Land O Lakes Blvd
Land O Lakes, FL 34639
10-Unit Waterfront MultiFamily - 9% Cap Rate · Multifamily Property For Sale · 10 Units
Investment Highlights
- 10-Unit Multifamily consists of 7 Apartments & 3 Mobile Homes
- 950 Ft of Land O Lakes Blvd Frontage
- Stable Tenant Base
- Located on Bell Lake
- Redevelopment Opportunity
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.93 AC |
| Property Type | Multifamily | Building Size | 2,261 SF |
| Property Subtype | No. Stories | 1 | |
| Apartment Style | Garden | Year Built | 1936 |
| Building Class | C | Parking Ratio | 4.42/1,000 SF |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 2,261 SF |
| No. Stories | 1 |
| Year Built | 1936 |
| Parking Ratio | 4.42/1,000 SF |
About 4408 Land O Lakes Blvd , Land O Lakes, FL 34639
This multifamily complex is comprised of 6 Apartments and four MH’s. 100% Occupied with long term tenants! Gross Revenue: $76,820 (Inc. 4000/an for Billboard Lease) NOI: $61,784 Cap Rate: 9% at asking price Asking Price: $695,000 Seller will consider offering Seller Financing to a qualified purchaser. Rate and Terms to be negotiated.
PROPERTY TAXES
| Parcel Number | 13-26-18-0030-01000-0010 | Improvements Assessment | $120,224 |
| Land Assessment | $282,082 | Total Assessment | $402,306 |
PROPERTY TAXES
Parcel Number
13-26-18-0030-01000-0010
Land Assessment
$282,082
Improvements Assessment
$120,224
Total Assessment
$402,306
zoning
| Zoning Code | C2 (General Commercial) |
| C2 (General Commercial) |
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