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640-650 E Grapefruit Ave 2,939 SF Specialty Building Offered at $1,253,700 CAD at a 6.24% Cap Rate in Lake Alfred, FL 33850

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Executive Summary

Beautifully built - 2 sets of duplexes ( 4 total) Upgraded appliances.. below market rent- great for investor who is looking to live on the property as well. One unit is month to month and the rest all expire within the next year for possible uplift in rent..
Please note. DO NOT DISTURB TENANTS.

Offering Memorandum

Property Facts

Price	$1,253,700 CAD	Property Subtype	Residential Income Multifamily Apartments
Price Per SF	$426.57 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.35 AC
Cap Rate	6.24%	Building Size	2,939 SF
Sale Condition	1031 Exchange	No. Stories	1
Property Type	Specialty	Year Built	2022
Zoning	RS2 - RS2

Price	$1,253,700 CAD
Price Per SF	$426.57 CAD
Sale Type	Investment
Cap Rate	6.24%
Sale Condition	1031 Exchange
Property Type	Specialty
Property Subtype	Residential Income Multifamily Apartments
Building Class	C
Lot Size	0.35 AC
Building Size	2,939 SF
No. Stories	1
Year Built	2022
Zoning	RS2 - RS2