Description
54 Unit Portfolio with 10 single family homes, 16 duplexes with triplexes and quads all located in Booming Downtown Fort Pierce. 100% occupied with an endless waiting list. Rents well below market...Huge upside with minimal changes. Currently at roughly $540,000 yearly rental income...can easily be $700,000 in yearly income. All concrete block construction. Separately metered for water and electric on 95% of units. Each unit has a security deposit which will be transferred to new owner. Proof of funds must be provided to discuss further details. Seller open to provide financing with 40% down.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,560SQFT
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$6,410$/SQFT
School Ratings & Info
Description
54 Unit Portfolio with 10 single family homes, 16 duplexes with triplexes and quads all located in Booming Downtown Fort Pierce. 100% occupied with an endless waiting list. Rents well below market...Huge upside with minimal changes. Currently at roughly $540,000 yearly rental income...can easily be $700,000 in yearly income. All concrete block construction. Separately metered for water and electric on 95% of units. Each unit has a security deposit which will be transferred to new owner. Proof of funds must be provided to discuss further details. Seller open to provide financing with 40% down.
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