205 and 104 S Grove St Eustis FL Multi-Family FOR SALE


Eustis, FL
$1,399,000 USD
407-453-6909
, Eustis, FL for Sale
$1,399,000 USD
Multi-Family - FOR SALE
1/26
null | 8.99% Cap Rate

205 and 104 S Grove St Eustis FL
Eustis, FL


OVERVIEW

Fully rehabbed and fully occupied 13 unit multifamily portfolio located in Eustis, FL. This stabilized investment is currently generating $13,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at a 9% cap rate, providing attractive in-place cash flow. The properties have 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.

ASK ABOUT THIS PROPERTY

Giovana Prado BarriosKaruna Buildings LLCMore Info
407-453-6909

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Giovana Prado BarriosKaruna Buildings LLCMore Info
407-453-6909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.