1602 Crystal Grove Cir, Lakeland For Sale

  • $7,600,000
  • 62 beds
  • 44 baths
  • 32,558 sqft

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.

Price:
$7,600,000
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

Call (352) 385-7636 for more details

Property Location