Super community of separately deeded quadplexes. Low maintenance, 100% rented. 40 units in total with (18) 2/1’s, (18) 1/1’s and (4) 2/2’s. Solid block construction and tile floors provide for easy maintenance and low operating expenses. Many units have been recently remodeled with tile floors, cabinets and fixtures. Sold together as 40 units, history of strong cash flow with strong occupancy, with an opportunity for rental increase. Offered at a pro forma 4.8% cap rate.
1602 Crystal Grove Cir, Lakeland For Sale
- $6,900,000
- 62 beds
- 44 baths
- 32,558 sqft
- Price:
- $6,900,000
- Address:
- 1602 Crystal Grove Cir
Lakeland, FL 33801 - Square Feet:
- 32,558
- Lot Size:
- 2.84 Acres
- Bedrooms:
- 62
- Bathrooms:
- 44
- Terms:
- For Sale
- Property Type:
- Quadraplex
- Year Built:
- 1985
- Const. Type:
- Block/Stucco
- MLS #:
- G5047511