×

Your Source For Flip, Income, & Wholesale Properties!

Active Properties

9.6% CAP Turnkey 10 Unit Building



$524,000

SOLD

258 E Graves Ave

Orange City, FL

  • This property is currently 100% occupied.
  • 8 of the 10 units were remodeled last year. And the remaining 2 were just remodeled.
  • Each unit has their own water and electric meters.
  • The gross annual income is $69,000. The operating expenses are $16,000 annually. So, the NOI is $53,000. Which gives you a 9.6% CAP.
  • Each unit is a 1 bed 1 bath.

Documents

 

  • Sale Comps $540K - $560K
  • Rental Comps $5,850 - $5,850
  • Property Type Residential
  • Location Orange City, FL
  • Size 4360 sq. ft.
  • Bedrooms 10
  • Bathrooms 10
  • TAV 296.5K
  • Annual Taxes $0
  • Year Built 1915

© Bank On It 2019 Terms of Use Privacy Policy