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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
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.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
Property Taxes
| Parcel Number | 13-26-18-0030-01000-0010 | Improvements Assessment | $119,267 |
| Land Assessment | $420,382 | Total Assessment | $539,649 |
Property Taxes
Parcel Number
13-26-18-0030-01000-0010
Land Assessment
$420,382
Improvements Assessment
$119,267
Total Assessment
$539,649
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