248 Four Mile Rd - Apartments FOR SALE


Freeport, FL 32439
$1,350,000 USD
850-865-9070
248 Four Mile Rd, Freeport, FL for Sale
$1,350,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

248 Four Mile Rd
Freeport, FL 32439


HIGHLIGHTS

  • Solid brick duplex construction with lots of parking
  • Very close to the City of Freeport and convenient for workers
  • Near parks, schools and, shopping

OVERVIEW

This property includes 4 updated duplex units (8 units total) plus an additional 2 acres with R-3 zoning allowing up to 14 units to be built per acre. Cash flow is excellent and the units have been fully remodeled and updated.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$225 USD /SF

# OF UNITS

8

PRICE/UNIT

$168,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

12

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

MUNI

APN/PARCEL ID

16-1S-19-23000-008-0020

ASK ABOUT THIS PROPERTY

Ron FriesenBeach Sunsets Inc.More Info
850-865-9070

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Ron FriesenBeach Sunsets Inc.More Info
850-865-9070

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