1112 Gay Rd - Apartments FOR SALE


Lakeland, FL 33811
$1,000,000 USD
863-250-0970
1112 Gay Rd, Lakeland, FL for Sale
$1,000,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1112 Gay Rd
Lakeland, FL 33811


HIGHLIGHTS

  • Just minutes from Lakeland Square Mall, Best Buy, Sam's Club, Target, and other popular retail destinations.
  • Strong demographics with a population of 33,226 residents within a 3-mile radius and a median income of $44,084.
  • Quick access to I-4 makes commuting and travel simple for residents.
  • Ideally situated along I-4 between Tampa and Orlando, offering excellent accessibility.

OVERVIEW

Welcome to 1112, 1114, 1118 & 1120 Gay Road - a great addition to your investment portfolio. The sale offering consists of two duplexes that were built in 2024. Each of the 1,235 square foot units feature 3 bedrooms and 2 full bathrooms. The kitchens include quartz countertops and a full suite of modern appliances, while the entire unit features durable, low-maintenance vinyl flooring—no carpet. Each unit has 2 dedicated parking spots, offering convenience for residents. With an expected monthly rental rate of $1,900 per unit, these properties provide strong income potential. Tenants cover their own electric and water bills, while the homes are connected to city water and septic systems. These newly constructed duplexes are ready for occupancy and offer an excellent opportunity for investors seeking modern, low-maintenance properties with solid income potential.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

4

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

0001

APN/PARCEL ID

23-28-21-000000-024180

ASK ABOUT THIS PROPERTY

Melissa BajsaCMTG Real Estate GroupMore Info
863-250-0970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Melissa BajsaCMTG Real Estate GroupMore Info
863-250-0970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.