
This offering presents a rare opportunity to acquire a 4-unit income-producing property in the highly sought-after Casselberry submarket of the Orlando MSA. Situated on an expansive 0.85-acre parcel, the property consists of four detached rental homes with durable masonry construction, newer roofs (approximately 4 years old), and a strong history of occupancy.The asset provides stable in-place income with a current rent roll of approximately $71K annually, while offering clear value-add potentia...This offering presents a rare opportunity to acquire a 4-unit income-producing property in the highly sought-after Casselberry submarket of the Orlando MSA. Situated on an expansive 0.85-acre parcel, the property consists of four detached rental homes with durable masonry construction, newer roofs (approximately 4 years old), and a strong history of occupancy.The asset provides stable in-place income with a current rent roll of approximately $71K annually, while offering clear value-add potential through rent growth. Current average rents are below market at approximately $1,650 per unit, with comparable properties supporting higher rent rate per unit, creating a straightforward path to increase income and overall asset value.Operationally, the property benefits from favorable insurance costs (~$6K/year) and minimal near-term capital expenditure requirements, making it a low-risk, easy-to-manage investment. The combination of strong fundamentals, below-market rents, and a large land component positions this asset as an ideal opportunity for investors seeking stable cash flow with upside in a high-growth Central Florida market.
View MoreCourtesy of
Agency Name: JULIAN PROPERTIES, INC.
Agency Contact: 407-291-4900
Agent Name: Bo Julian
Presented by
Agent Name: Kevin Spina
Agent Phone: Cell: 561.722.1169
Agency Title: The Keyes Company
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454 Lakeport Cove , Casselberry, FL 32707.
Email 454 Lakeport Cove , Casselberry, FL 32707
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