Commercial property in Eustis, Florida 377.74 sq.m. № 2123354

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Commercial property in Eustis, Florida 377.74 sq.m. № 2123354
ID2123354 $ 750 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2123354

Property description

Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow. The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required. Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.
MLS #: O6367864
Contact the seller
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CityEustis
Address205 S GROVE STREET
TypeCommercial property
Living space377.74 m²
  • sq. ft
Completion dateIV quarter, 1924
Price
  • Price
  • per m²
$ 750 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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