Photo 1 of 1
$250,000
Sold on 1/06/16
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
3,606 |
$1,462 |
1938 |
|
On the market:
93 days
|
View full details, 15 photos, school info, and price history
The apartment property 
Units rent for an average of $480 / month
The insurance is $1,700 /year
Taxes are $1,610 /year
Electric averages $850
Water and trash $139 /month
Cable TV is $180 /month
Lawn is $85 monthly
Legal is about $600 /year. There are 2 evictions /year.
Pest is $50 /year
Maintenance man is approximately $1,000 /year

There is a single family home included in this parcel.
Square feet 914, Year built 1960, 2bedroom 1 bath
Monthly rent $525, Annual Gross Rent $6,300

They are rented on a 6 month term then they go month to month. The units have window A/C. Owner pays for water and electric. Detailed book and records are available during due diligence. 

All of the properties have no deferred maintenance. The owners maintain all of the properties very well and are always improving their properties. The owners will hold a note, terms to be negotiated. The new owners will buy a true turnkey investment that is positive cash flow from day one. The owners want to simplify their life and are serious sellers.

The properties are located in Dundee Florida, which is about 30 minutes from Orlando and 10 minutes from Haines City. Dundee is a town in Polk County, Florida, United States. The population was 3,717 at the 2010 census. It is part of the Lakeland–Winter Haven Metropolitan Statistical Area
