Property details

Florida Cash Cow Extended Stay 100+ Units, Southeast Region

Property Description

Located in an Income Tax Free State!     

Florida Cash Cow Extended Stay 100+ Units

Located in Central Florida.

ACTUAL 8.50% Cap Rate and Rising.

Comprised of 107 extended-stay units

67 Studio and 40 1 bed/1 bath units

Number of buildings: 7

Number of Stories: 2

Year Built: 1967

Remodeled: 2017

Rentable sq ft: 98,670 +/-

Lot size: 5 acres +/-

Parking: 111 spaces +/-

The next couple of months will show considerable stronger numbers with higher revenue and lower expenses.

Foundation: Concrete slab
Framing: Concrete block
Exterior: Masonry/brick
Parking Surface: Asphalt
Roof: Pitched/composition shingle

HVAC Forced-air


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Cap Rate:

Property Information

Building Size:
98,670 sq.ft.
Property Type:
Industry Type:
Apartment - Multifamily
Land Area:
5.00 acres
Purchase Tenure:
Fee Simple

Existing financing information


The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.