238-246 Center St - Apartments FOR SALE


Davenport, FL 33896
$799,999 USD
941-228-4234
238-246 Center St, Davenport, FL for Sale
$799,999 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

238-246 Center St
Davenport, FL 33896


OVERVIEW

Attention Investors: Come and check out this highly profitable 6-unit apartment building, generating approximately $83,000 in annual revenue at a discounted rate. Each unit features 2 bedrooms and 1 bathroom, with tile or wood flooring. Close to Disney and situated on 1.83 acres, the property includes commercial land at the back zoned for an additional 6-plex, offering significant development potential. Amenities include an on-site laundry room and parking for over 12 vehicles. Low operating expenses are achieved through a self-contained water well, and there is no HOA.

FOR SALE DETAILS

PRICE

$799,999 USD

PRICE/SF

$188 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Ranch at Loughman Oaks

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

RC

APN/PARCEL ID

06-26-28-932800-003060

ASK ABOUT THIS PROPERTY

Stephanie HarribeyIAD FloridaMore Info
941-228-4234

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Stephanie HarribeyIAD FloridaMore Info
941-228-4234

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