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1310 N Combee Rd
Lakeland, FL 33801
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Large 2.2-Acre Parcel: Offers low-density living and potential future development or expansion opportunities.
- Excellent Location: Close proximity to downtown Lakeland, I-4, and major employers in a high-demand Central Florida rental corridor.
- Durable Construction: Built in 1950 with block walls, slab foundations, and pitched shingle roofs.
Executive Summary
Stabilized 8-Unit Asset: Fully leased and producing in-place income with long-term tenant stability. Diverse Unit Mix: Includes 3 one-bedroom/one-bath units, 4 two-bedroom/one-bath units, and 1 two-bedroom/two-bath single-family home. Tenant-Paid Utilities: Electric and water are separately metered and paid by tenants, reducing landlord operating costs. Low Overhead: Landlord only responsible for sewer (septic) and trash services. Value-Add Opportunity: Below-market rents present immediate upside through lease adjustments.
Property Facts
| Price Per Unit | $120,888 CAD | Lot Size | 1.31 AC |
| Sale Type | Investment | Building Size | 6,331 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C |
| Price Per Unit | $120,888 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.31 AC |
| Building Size | 6,331 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Opportunity Zone |
Yes |
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