2107 Washington St NE - Apartments FOR SALE
Palm Bay, FL 32905 |
$2,400,000 USD
540-466-4886
2107 Washington St NE
Palm Bay, FL 32905
OVERVIEW
Rare Off-Market 7 Triplexes of 2bd/1ba in Palm Bay, FL 32905, for a total of 21 units. Fully occupied. Cash flow day one. $2.4M, Cap rate 6+. Value to gross rent. 0.85%. Current rent 30% below market. Between FL Institute of Technology and L3 Harris. Option to split deal, get 3 triplexes for $1.029M or 4 triplexes for $1.371M. Not Seller Finance. Serious Buyers only.
FOR SALE DETAILS
PRICE
$2,400,000 USD
PRICE/SF
$169 USD /SF
# OF UNITS
21
PRICE/UNIT
$114,286
CAP RATE
6%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1964
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.12 AC
LAND SF
48,787 SF
ZONING
Residential
APN/PARCEL ID
28-37-14-50-00015.0-0013.00
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540-466-4886
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540-466-4886
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