3947 State Road 60 E - Apartments FOR SALE


Bartow, FL 33830
$739,000 USD
863-875-5656
3947 State Road 60 E, Bartow, FL for Sale
$739,000 USD
Apartments - FOR SALE
1/30
null | 7.17% Cap Rate

3947 State Road 60 E
Bartow, FL 33830


HIGHLIGHTS

  • 1.29 Acres
  • Long Term Tenants
  • Metal Roofs
  • Septic Drain fields and lines Replaced
  • Able to build Auxiliary unit for additional income

OVERVIEW

2 buildings 4 units 4,059 Sqft of heated space on 1.29 acres. Generates $65,000 annual income (Proforma 71,000 2025). Metal roofs, clean units, Central A/C, appliances, well-kept grounds, and located in RCC (Rural Cluster Center) Polk County zoning. Annual Expenses just over $11,000.00 (Tax, Ins, Yard Maintenance, Pest Control) Triplex and SFH replaced septic drain fields and lines. Great property for a 1031 Exchange option generating over $53,000.00 NOI. Gross sqft is 4,319 at $171.10 sqft. DO NOT GO TO PROPERRTY UNLESS APPROVED BY LISTING AGENT!

FOR SALE DETAILS

PRICE

$739,000 USD

PRICE/SF

$171 USD /SF

# OF UNITS

4

PRICE/UNIT

$184,750

CAP RATE

7.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3947 State Road 60 E

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

RCC

APN/PARCEL ID

25-30-02-000000-013090

ASK ABOUT THIS PROPERTY

Brent MorseCENTURY 21 Myers RealtyMore Info
863-875-5656

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Brent MorseCENTURY 21 Myers RealtyMore Info
863-875-5656

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