$340,000
$350,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
909 ROBINSON AVE Kissimmee, FL 34741
7,560 SqFt
Key Details
Sold Price $340,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Square Footage 7,560 sqft
Price per Sqft $44
Subdivision S A Robinson Add
MLS Listing ID O5843301
Sold Date 05/15/20
HOA Y/N No
Year Built 1984
Annual Tax Amount $4,921
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Warehouse
Property Description
WOW! 17% CAP rate before leverage ... 54 UNIT COMPLEX! 30 Units currently under lease invoicing
$2,300 a month now. At full capacity the market rent for this c omplex is $67,000 annually. 70% of
leases are currently on credit card auto draft. Units have been recently painted, roofs recently
sealed, and non- paying tenant s removed. I started marketing thi s property for tenents a month ago
and received 4 new leases. Must sell now to move onto ano·ther project. This turn key business comes with existing website, facebook page, marketed name, all leases/documents, and will port cell phone to buyer. Start making money right away.
Location
State FL
County Osceola
Community S A Robinson Add
Zoning KB3
Interior
Cooling None
Exterior
Roof Type Metal
Building
Story 1
Foundation Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Structure Type Block
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
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