1922 Cloverlawn Ave

ORLANDO, FL 32806

About this property

100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers. The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit. The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated. Investment Highlights 100% leased - all 5 units occupied with in-place income $87,600 gross scheduled annual income 16.0x GRM Approximately $280,000 per unit Three buildings, including a newer third unit Concrete-block construction Prime SoDo/Conway Orlando infill location Minutes to Downtown Orlando, SR-408 and I-4 Turnkey investment with immediate cash flow Financials and current rent roll available to registered buyers.

About this property

100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers. The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit. The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated. Investment Highlights 100% leased - all 5 units occupied with in-place income $87,600 gross scheduled annual income 16.0x GRM Approximately $280,000 per unit Three buildings, including a newer third unit Concrete-block construction Prime SoDo/Conway Orlando infill location Minutes to Downtown Orlando, SR-408 and I-4 Turnkey investment with immediate cash flow Financials and current rent roll available to registered buyers.

Features and Additional Information

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$1,400,000 Active
3,049 sqft

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Area Information

32806 Orlando | Delaney Park | Crystal Lake | Orange County | MC LEISH TERRACE

$ 1,400,000
This listing is play_arrow 20.4% higher than the average in the area
$ 1,162,500 in the area
3,049 SqFt
This listing is play_arrow 2.2% smaller than the average in the area
3,118 SqFt in the area
$ 459 $/SqFt
This listing is play_arrow 22.5% more than the average in the area
$ 375 $/SqFt in the area
2 days on site
This listing is play_arrow 63.6% below the average in the area
6 days on site in the area

Schools in the Area

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Listed By Fernanda Negromonte
Brokerage: NOVA REAL ESTATE SERVICES INC

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