200 Buchanan Ave - Multi-Family FOR SALE


Cape Canaveral, FL 32920
$2,145,000 USD
321-626-0889
200 Buchanan Ave, Cape Canaveral, FL for Sale
$2,145,000 USD
Multi-Family - FOR SALE
1/33
null | 8.19% Cap Rate

200 Buchanan Ave
Cape Canaveral, FL 32920


HIGHLIGHTS

  • Short Term Friendly Location
  • Income Producing
  • Block from the Beach

OVERVIEW

Portfolio includes 13 apartments/duplexes: 201 Pierce Ave, 203 Pierce Ave, 205 Pierce Ave, 7108 Poinsetta Ave, 7110 Poinsetta Ave A, 7110 Poinsetta Ave B (Vacant), 7110 Poinsetta Ave C, 200 Buchanan Ave, 204 Buchanan Ave, 7104 Poinsetta Ave A, 7104 Poinsetta Ave B, 208 Buchanan Ave, 212 Buchanan Ave. Gross Income $177,600.00 Market Rate Proforma Gross Income $228,200.00. Opportunity to purchase 13 unit property, only 1 vacant unit, in Cape Canaveral for immediate cashflow. Units are currently rented below market rates for the area. Close to beaches. Area is short term rental friendly.

FOR SALE DETAILS

PRICE

$2,145,000 USD

PRICE/SF

$637 USD /SF

# OF UNITS

13

PRICE/UNIT

$165,000

CAP RATE

8.19%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

-

APN/PARCEL ID

24-37-23-CG-00062.0-0001.00

ASK ABOUT THIS PROPERTY

Paige LaneKeller Williams RealtyMore Info
321-626-0889

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Paige LaneKeller Williams RealtyMore Info
321-626-0889

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