1922 AVENUE, Orlando, Florida, 32806
$1,400,000
3,049 Sqft
0.51 Acres
10 bd
5 ba
#O6446443
100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION
Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers.
The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit.
The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated.
Investment Highlights
100% leased – all 5 units occupied with in-place income
$87,600 gross scheduled annual income
16.0x GRM
Approximately $280,000 per unit
Three buildings, including a newer third unit
Concrete-block construction
Prime SoDo/Conway Orlando infill location
Minutes to Downtown Orlando, SR-408 and I-4
Turnkey investment with immediate cash flow
Financials and current rent roll available to registered buyers.
PROPERTY FEATURES
- Utilities : Cable Available, Electricity Available
- Water Access : 0
- Sewer : Septic Tank
- Exterior Features : None
- Road Surface Type : Asphalt
- Heating : Central
- Cooling : Mini-Split Unit(s)
- Interior Features : Kitchen/Family Room Combo
- Laundry Features : Outside
PROPERTY DETAILS
ID: O6446443
Status: Active
Price: $1,400,000
Acres: 0.51 Acres
Price Per Acre: $2,745,098
Type: Other
Address: 1922 AVENUE
City, State: Orlando, Florida
County: Orange
Zip Code: 32806
Lat/Long: 28.51476, -81.37586
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