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HOFFMANS GROVE LAKE PLACID B26021355520 S MAIN, Lake Placid, FL 33852 HOFFMANS GROVE 520 S MAIN LAKE PLACID
REMARKS:HOFFMANS GROVE 520 S MAIN LAKE PLACID. 5 Units! 6.7-7.5% CapRate. See attached Offering Memorandum for Income/Expenses. 100% Occupied. Prime Multifamily Investment! Well-maintained 5-unit property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath unitsappealing to a wide range of tenants. Property is easy to manage, tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by owner & running efficiently. Fresh painted exterior. Building is topped w/ durable metal roof & use of window A/C units helps keep maintenance simple & cost-effective. Rents adjusted at renewal,built-in upside for future income growth. See OM & Income/Expenses attached. If you are interested in buying property located at 520 S MAIN, Lake Placid, FL 33852, call us today! . Sale price is $ 755 000 ($ 294/ft²). FEATURES:- 520 S MAIN, LAKE PLACID, FL 33852 - LOCATION |
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