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Listing 13 out of 1,375
$815,000 For Sale

1050 Plaza Drive
Kissimmee, FL 34743

8 units | Multi Family Home
871 sq ft - MLS# S4856146
Property Photo
1/18

Description

Price REDUCED!!! New cap rate an excellent 8.4% COMMERCIAL RETAIL BUILDING IN PRIME LOCATION near the Orlando Airport and near I-192. GOOD Return on Investment up to 8.3% Perfect location on Boggy Creek and also near Highway 417/Disney close to Buenaventura Lakes and new residential developments. Building leased out to churches and School. Units F and G not included in sale as they are previously owned by individual owners. Available for purchase of Plaza are: Unit A -1275 sft B - 900 sft C- 918 sft D- 918 sft E-936 sft H-954 sft I-864 sft J-1008 sft. Income: $84864 Gross Income per year + CAM: $800 x 12 ($100 per unit) = 9600; minus Exp: Prop. Tax: $8794.00 Insurance & Maint: $4000.00; hence Net Income: $77146; Cap rate: 8.3% (return on investment).

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • County/Area: Osceola County
  • Zip Code: 34743
  • Year Built: 2006
  • Subdivision/Neighborhood: Lakes Edge
  • Sq.Ft.: 7,773 sq ft
  • Style: Multi-Family (Multi-Family)
  • Units: 8 units
  • Lot Size: 871 sq ft
  • Zoning: OPD
  • Annual Net Income: 77146.00
  • Association Fee Frequency: Monthly
  • Building Area Source: Public Records
  • Community Features: Sidewalk
  • Construction Materials: Block
  • Cooling: Central Air
  • Country: US
  • Exterior Features: Sidewalk
  • Gross Income: 84864
  • Heating: Central
  • Lease Term: 24 Months
  • Lot Dimensions: 100x87
  • Lot Features: In City Limits, Near Public Transit, Oversized Lot, Sidewalk
  • Lot Size Square Feet: 875
  • Parcel Number: 08-25-30-3068-0001-00E0
  • Parking Features: Assigned, None, Open
  • Roof: Shingle
  • Tax Year: 2017
  • Total Acreage: Up to 10889 Sq. Ft.
  • Total Actual Rent: 6695
  • Total Num Buildings: 1
  • Township: 25
  • Unit Count: 1
  • Utilities: Electricity Connected
  • Vegetation: Mature Landscaping, Trees/Landscaped
Courtesy of Keller Williams Classic Ii

Equal Housing OpportunityGRI - Graduate, REALTOR® InstituteMLS membership