• 9 Units
• 963 Sq Ft
• 1 Sq Ft
• Unknown Cap Rate

Description

THIS LISTING IS FOR A 9-UNIT CONDO PORTFOLIO – PRIME ORLANDO LOCATIONS – EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY – STRONG CASH FLOW & HIGH DEMAND LOCATIONS. CONDO LOCATIONS: 4 UNITS IN PINE SHADOWS CONDOMINIUM (KIRKMAN RD & CONROY RD AREA) AND
5 UNITS IN PARK CENTRAL CONDOMINIUM (NEAR THE MALL AT MILLENIA)

THIS SELF-MANAGED PORTFOLIO OF 9 CONDOS OFFERS IMMEDIATE CASH FLOW WITH 8 FULLY OCCUPIED UNITS AND 1 RECENTLY VACANT, PROVIDING FLEXIBILITY FOR AN OWNER-OCCUPANT OR NEW TENANT PLACEMENT.

LOCATED IN TWO HIGH-DEMAND ORLANDO COMMUNITIES, THESE UNITS ARE IDEALLY POSITIONED FOR LONG-TERM APPRECIATION AND RENTAL STABILITY.

OCCUPANCY: 8 UNITS WITH EXCELLENT, LONG-TERM TENANTS, 1 UNIT CURRENTLY VACANT
SELF-MANAGED BY THE OWNERS, SMOOTH TRANSITION FOR NEW OWNERSHIP.

FINANCIALS GROSS MONTHLY RENTAL INCOME: $15,080 |
ANNUAL GROSS INCOME: $181,080 |
HOA FEES: PINE SHADOWS: $1,596/MONTH, PARK CENTRAL: $1,702/MONTH |
ANNUAL PROPERTY TAXES: ˜ $20,000 |
ANNUAL INSURANCE COSTS: ˜ $7,900 |

PROPERTY DETAILS UNIT TYPES & SIZES:
4 UNITS – 2 BED / 2 BATH WITH GARAGE |
5 UNITS – 1 BED / 1 BATH |
CONDITION & RENOVATIONS: VERY WELL-MAINTAINED UNITS, MOVE-IN READY |
LEASE TERMS: STABLE TENANT BASE WITH STRONG PAYMENT HISTORY |
TENANT QUALITY: EXCELLENT TENANTS WITH PROVEN RELIABILITY |

INVESTMENT HIGHLIGHTS:
CLOSE TO UNIVERSAL STUDIOS, MILLENIA MALL, MAJOR EMPLOYERS AND ATTRACTIONS - HIGH RENTAL DEMAND & APPRECIATION POTENTIAL – ORLANDO’S MARKET CONTINUES TO GROW - TURNKEY INVESTMENT – OCCUPIED UNITS GENERATE IMMEDIATE CASH FLOW - FLEXIBLE INVESTMENT STRATEGY, OWNER OPERATED.

BULK SALE PREFERRED, BUT INDIVIDUAL UNIT SALES CAN BE CONSIDERED. SERIOUS INQUIRIES ONLY. CONTACT FOR MORE INFORMATION AND PROPERTY DETAILS.

**Please note that SIRS (Structural Inspections Reporting System) and Milestone Inspections are not required for THE PINE SHADOWS CONDOMINIUM, as it is under the 3-story and above requirement. Pine Shadows Building are 2-story.
**For the Park Central Condominium, the HOA has completed the required SIRS and Milestone Inspections.