Apartment Buildings /FL /Polk County /Lakeland /453 S Westgate Ave
Apartment Buildings /FL /Polk County /Lakeland /453 S Westgate Ave

453 S Westgate Ave - Apartments FOR SALE


Lakeland, FL 33815 | 
$3,400,000 USD
813-871-8524
453 S Westgate Ave, Lakeland, FL for Sale
$3,400,000 USD
Apartments - FOR SALE
1/16
null | 6.41% Cap Rate
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453 S Westgate Ave
Lakeland, FL 33815

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HIGHLIGHTS

  • 1980's single story concrete block
  • All two-bedroom units
  • Tenants pay for all utilities
  • Value-add opportunity
  • 0.5 miles from Publix Corporate Headquarters
  • 1.40 miles from Downtown Lakeland and its numerous boutique restaurants, shops, breweries and lakes

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$1,875 USD /SF

# OF UNITS

28

PRICE/UNIT

$121,429

CAP RATE

6.41%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

-

APN/PARCEL ID

23-28-23-108500-010071

ASK ABOUT THIS PROPERTY

Miles TombrinkColliersMore Info
813-871-8524

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Miles TombrinkColliersMore Info
813-871-8524

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