West Orange Multi Family

West Orange Multi Family

30 bed 30 bath 7946 sq ft Built in 1951 Multi-family
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74
Occupancy Status
Low High
18 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
12/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Big upside with this turn-key 30 unit multi-family opportunity in West Orange County. The investment features 5 duplexes, 19 RVs, and 1 mobile home, situated on 2.15 acres of land.

The property is located in the Winter Garden-Oakland-Clermont corridor, just east of the Clermont/Winter Garden exit off Florida's Turnpike and 12 miles from Walt Disney World. With a drive-by exposure of over 22,000 vehicles per day, this location is unbeatable.

The property is 100% occupied and current management maintains a waiting list of prospective tenants. The average rent rate per unit is $1012 per month, creating an opportunity for additional cash flow as improvements are made and units turnover. Once performing at market rates, we estimate a proforma NOI of over $200,000. Please contact your EquityPro team member with serious interest. 

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We recommend rent
Rental Income
$29,750 mo. / $357,000 yr.
Investor Price
$1,985,000
Utilities
$35,000
Estimated Taxes
$28,348 / yr.
Property Management
$50,000 / yr.
Maintenance
$36,000 / yr.
HOA Dues
$0 / yr.
$233,902
Projected Income
10.93%
Estimated APY
Investor Price
$1,985,000
Utilities
$35,000
$584,000
Projected Income
25.77%
Estimated ROI

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