Courtesy of: Evan Burns, Roberts Brothers Inc. - Gulf Coast, evanburns@robertsbrothers.com
Courtesy of: Evan Burns, Roberts Brothers Inc. - Gulf Coast, evanburns@robertsbrothers.com
$125,000
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2 bed
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873 square feet
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2.00 Bath (1 Full , 1 Half)
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Lot: 1.18 Acres
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Condominium
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$125,000
512 Lake Forest Boulevard E118 INVESTOR OPPORTUNITY! Seven units are available for purchase together or separately, offering flexibility for investors looking to add to their portfolio or acquire a cash-flowing package. The seller would prefer a portfolio sale but will consider individual offers. The four occupied units are offered together for $572, 000, with $63, 700 in gross annual income, $41, 392 NOI, and a 7.24% pro forma cap rate. These figures are based on historical performance and are provided for informational purposes only; future income, expenses, and returns are not guaranteed and may change. For reference, the individual MLS numbers for the four occupied units are: 395674, 395671, 395670, 395666. Seller will pay off the temporary HOA special assessment at closing. The remaining three units are vacant and move-in ready, with a $5, 000 seller concession available toward closing costs or a 2-1 rate buydown. For reference, the individual MLS numbers for the three vacant units are: 395673, 395672, 395668. The seller is ready to make a deal! Call today for details, financials, or package options. Buyer to verify all information during due diligence.
Courtesy of: Evan Burns, Roberts Brothers Inc. - Gulf Coast, evanburns@robertsbrothers.com
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