PRICE: $1,650,000 ·
ARV: - ·
Units: 15 ·
Total Beds: 20 ·
Total Baths: 15 ·
Sqft: 5,363 ·
Lot Size: 0.76 Acres ·
Year Built: 1970 ·
Parking: Assigned ·
Taxes: $3,515 ·
S 14th St, Leesburg, FL 34748
Comp: -
Description
🚪 15 Units Total: Includes 1 house, 6 kitchenettes, 4 double bedrooms, 3 single rooms, and a 2-bedroom furnished apartment — all perfectly set up for high-demand weekly rentals with an impressive 90% occupancy rate. 🌟
💵 Revenue Potential: Generate $24K–$26K in monthly income with manageable expenses averaging $3,500 (electric, cable, labor). This property delivers a strong 15% cap rate, making it an excellent opportunity for seasoned and first-time investors alike. 📈🏠
🌟 The property is already optimized for weekly rental income, offering a turnkey investment in a thriving rental market. Don’t miss out on this chance to secure a high-yield asset that balances steady cash flow with significant long-term potential. 🏦💡
Disclaimer:
Terms and conditions applicable to all transactions:
- Buyers must conduct their own due diligence.
- Properties are sold “AS-IS” without an inspection period.
- Buyer pays all closing costs.
- We sell assignable purchase contracts.
- No written or oral representations are made about the properties.
- A non-refundable earnest deposit is required.
- Proof of funds will be requested.
- We do not offer warranties on the property.
- We are not licensed contractors or appraisers.
- The seller holds an equitable interest in the property.
For properties under contract and for sale:
- Offers are cash or private money only.
- A minimum non-refundable deposit is required.
- Properties are sold “AS-IS” without contingencies.
- Buyers must conduct their own due diligence.
- Buyer pays all closing costs.
- Rehabilitation costs, taxes, and insurance are estimated.
- Open or expired permits are not a title defect.
We appreciate your loyalty and trust.