Estimated gross return 30% at 100% occupancy
PALMETTO Fl 34221 : FIFTEEN 1 bedroom/1 bathroom units sitting on 1.59 acres, concrete block construction, built in 1978-1981, 5 buildings with 3 units each, each unit approximately 520sf, no central air but window AC units in all, the property has its own very large fenced in park area (the north portion of the fenced area is where the drainfield lies), plenty of parking, a typical unit has linoleum floors/painted wood cabinets/double tile shower….note the interior photos are of three units-2 which were vacant and getting cleaned out and one rented, each building has its own septic tank out behind it, the complex has its own lift station as well, well water, rents go for around $500 per month-only a few are vacant, 2008 taxes=$9395, total value per county records=$497k, land value=$153k, previously sold, $295k in 1984! Call Details... (941) 628-3891 Please fill out buyer profile http://www.brothers3int.com/InvestorProfile.html
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