206 Pilaklakaha Ave - Apartments FOR SALE


Auburndale, FL 33823
$1,475,000 USD
863-651-5471
206 Pilaklakaha Ave, Auburndale, FL for Sale
$1,475,000 USD
Apartments - FOR SALE
1/80
null | Request Cap Rate

206 Pilaklakaha Ave
Auburndale, FL 33823


HIGHLIGHTS

  • Property is very walkable and within .5 mile to three schools.

OVERVIEW

Price Reduced!! This vintage three-story brick building in downtown Auburndale sits adjacent to the park and is full of character and potential. Featuring exposed brick walls and classic architecture, it currently houses 17 residential apartments upstairs and 4 commercial units on the ground floor. The sale includes engineered plans for a redesigned layout with 18 residential units and 5 commercial spaces. The building is currently sprinkled and units are separately metered for electricity. Located within Auburndale’s Downtown CRA, redevelopment grant funding is available. With the city’s growth and increasing desirability, this property is a prime investment opportunity. Showings are by appointment only.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$69 USD /SF

# OF UNITS

21

PRICE/UNIT

$70,238

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,147 SF

ZONING

R 10 and CDB

APN/PARCEL ID

25-28-11-331500-005010

ASK ABOUT THIS PROPERTY

Josh TaylorVillage RealtyMore Info
863-651-5471

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Josh TaylorVillage RealtyMore Info
863-651-5471

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