Multi-family Apartment

18 Unit Multifamily Taylor & Payne Portfolio in Auburndale, FL

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推荐理由:

Taylor & Payne Portfolio 位于Orlando和Tampa中间的小镇Auburndale, 属于Lakeland地区。是一个高速发展的地区。

有两个相距很近的小公寓组成,一共18个单元,其中2个studio其他都是2 bedroom, 有较大的更新和涨租金的空间。

目前要价230万。这个物业适合个人或几个合伙人一起拥有,并长期持有。

 

Property details

Price:
$2,300,000
Status:
Active
Building size:
13348 Sq ft
Investment option:
分析案例

Highlights

 Highlights:

  1. 18 Unit Multifamily Portfolio Located in Auburndale, FL
  2. 1980's Concrete Block Construction with Pitched Roofs and Central HVAC's
  3. Excellent Light Value-Add Opportunity to Create Consistency in Finishes Across All Units
  4. Average Monthly Rental Upside of $186+ when Compared to Comparable Properties in the Submarket
  5. Average In-Place Rent: $1,171
  6. Average of Highest Lease Achieved for Each Floor Plan: $1,199
  7. Average Pro Forma Market Rent: $1,357
  8. Lakeland Ranks #4 out of 25 Fastest Growing Markets 2023-2024 in the U.S. (U.S. News - Real Estate)
  9. Lakeland Population has Increased 10.36% Since the Most Recent Census in 2020 (World Population Review)
  10. Conveniently Located Near Retailers & Restaurants Including Aldi (2.4 Mi), Lowes (2.4 Mi), Walmart Supercenter (2.5 Mi), Publix (5.1 Mi), Sam's Club (10.6 Mi) and Target (13.7 Mi)
  11. Located Near Major Employers Including Publix Corporate Headquarters (13.7k Employees), Lakeland Regional Health (5.9k Employees), Amazon (5k Employees), Geico Corporate Headquarters (3.7k Employees), and the City of Lakeland (2.8k Employees)

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