354 Unit MULTI FAMILY in Florida doing 11 % NOI for $7.5 M

Multi-Family Doing 11 cap

Has a huge potential immediately due to poor management

This one- and two-story apartment community features a wonderful variety of amenities including a sparkling swimming pool, four lakes, and fitness center.
Class C         Year Built 1963 & 1969      Number of Buildings 18
10.83 Acres        Appraised Value $9M                             Building Size: 185,010 SF
Property Sub-type: Garden/Low-Rise - includes one-and two-bedroom units.
Asking $7.5 M + 3

 

Email me at normansutton1269@gmail.com for more information

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Permalink Reply by Eugene White on July 20, 2011 at 8:55am
Do you have any others the same as this one but with 50+ units ?
Permalink Reply by Norman Sutton on July 20, 2011 at 10:56am
Send me an email to normansutton1269@gmail.com with our criteria and I'll see what I can find for you
Permalink Reply by H. Jack Miller on July 23, 2011 at 5:25am
Please send me the details of this
Permalink Reply by Norman Sutton on July 26, 2011 at 4:09pm
What is your email address?

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