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    15284 331 Business , 2C,2D,3C,4B,4C,

    Freeport, FL 32439
    • $1,039,000
    • STATUS: Active
    • ON SITE: 63 days
    • MLS #: 853733
    Price Reduced
    UPDATED: 28 min ago
    $1,039,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Cash flow multi-family opportunity at Palms of Freeport as a bulk sale. Over a $10,000 discount per unit offering a ~7% cap rate. Palms of Freeport has a 100% occupancy rate with a waiting list with rents as high as $1,250 a month in rental income. The units being sold as a package deal of 8 units including 2C, 2D, 3C, 4B, 4C, 7C, 14D, 14E. Each unit is 2-bedrooms, 2-baths totaling 1,109 sq ft and feature granite countertops, solid wood custom cabinets, stainless steel appliances, 18'' tile, travertine counters in bathrooms, New Orleans style paver entryways, and wooden decks on the back of each unit. The Palms of Freeport is a low density community of townhomes just 15 minutes from the beaches and offers great amenities including a pool and park. GREAT RENTAL INVESTMENT!!*Photos are from a model unit

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    © 2020 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Lifestyle Realty Group. Data last updated: 2020-10-24T21:02:33.39.
    www.coastallifestylerealtygroup.com/homes/109253744
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    15284 331 Business , 2C,2D,3C,4B,4C, Freeport, FL 32439

    • Price: $1,039,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 853733
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Freeport
    County:
    Walton
    Area:
    Freeport
    Property Description
    Cash flow multi-family opportunity at Palms of Freeport as a bulk sale. Over a $10,000 discount per unit offering a ~7% cap rate. Palms of Freeport has a 100% occupancy rate with a waiting list with rents as high as $1,250 a month in rental income. The units being sold as a package deal of 8 units including 2C, 2D, 3C, 4B, 4C, 7C, 14D, 14E. Each unit is 2-bedrooms, 2-baths totaling 1,109 sq ft and feature granite countertops, solid wood custom cabinets, stainless steel appliances, 18'' tile, travertine counters in bathrooms, New Orleans style paver entryways, and wooden decks on the back of each unit. The Palms of Freeport is a low density community of townhomes just 15 minutes from the beaches and offers great amenities including a pool and park. GREAT RENTAL INVESTMENT!!*Photos are from a model unit
    Interior Features

    Multi Family Building Sq Ft 1109 Multi Family Num Units 9

    Property Features

    As Is No Listing Board Emerald Coast Multi Family Actual Gross Income 116640.00 Multi Family Cap Rate 7.00 Multi Family Expenses 34711.29 Multi Family Net Operating Income 81928.71 Multi Family Year Built 2007 Property Name Palms Of Freeport Vacant No

    Listing courtesy of Abbott Realty Services Inc.


    © 2020 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Lifestyle Realty Group. Data last updated: 2020-10-24T21:02:33.39.
     
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    Coastal Lifestyle Realty Group
    1598 S Co Hwy 393, Ste #101
    Santa Rosa Beach FL, 32459