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Price $4,500,000
Status Active
Beds 105
Baths 89 baths
Home size n/a
Lot Size 4.50 ac
Days on Market 88
These are 3 multi-unit complexes with a total of 62 rental units, all close together. They are all remodeled with new kitchens. Most have raised panel light oak cabinets with microwaves and dishwashers. All units are Lakefront on Lakes Jackson, Dinner Lake, and Letta. All three complexes will only be sold together. The sale will be a 1031 exchange. These properties have a cap rate over 10%. Some have new metal roofs. All 3 properties have on site management as well as reasonable subcontractors for low cost repairs. The managers and maintenance people are available for a new owner if desired. Most of the appliances and air conditioners have been updated. These are all beautiful lakefront properties that show pride of ownership. Income and expenses will be shown to qualified buyers only. Confidential, do not send buyers to property without owner Realtor!
Property Type(s): Multi Family
Last Updated 1/22/2019 Year Built 1982
County Highlands

Additional Details

AIR Central Electric, Heat Pump
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Microwave, Refrigerator, Stove
CONSTRUCTION Concrete Block
HEAT Central Electric, Heat Pump
INTERIOR Blinds
LOT 4.5 acre(s)
PARKING 1 Car Carport,Parking 1,Parking 2
POOL DESCRIPTION None
SEWER Public Sewer,Engineered Septic
STORIES 2
STYLE Two Story
TAXES 13316
VIEW Yes
VIEW DESCRIPTION Lake
WATER Central,Private Well

Location

 

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Listed with ROCKFORD REALTY COMPANY
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