521 S Osceola Ave - Apartments FOR SALE


Orlando, FL 32801- Delaney
$1,700,000 USD
866-468-6487
521 S Osceola Ave, Orlando, FL for Sale
$1,700,000 USD
Apartments - FOR SALE
1/13
null | 5.74% Cap Rate

521 S Osceola Ave
Orlando, FL 32801
Delaney


HIGHLIGHTS

  • 100% Occupied | Block Construction | Walkable to Downtown

OVERVIEW

Visit 100Units.com for the Property Landing Page & 5-Minute Marketing Video 100Units.com presents Osceola Flats located in A class location in Downtown Orlando's Delaney Park neighborhood available for the first time in a decade. The value-add business plan for Osceola Flats includes painting the exterior of the building and renovating unit interiors: kitchen and bath upgrades, installing central AC systems, washer and dryers, and sliding barn doors. This property is offered at a significant discount to comparable properties in the market and replacement cost. Osceola Flats is a two 2-story concrete block building, with a flat roof and 16 parking spaces. All 12 units are 1 bed 1 bath apartments. The property's location benefits from proximity to major employers, including: AdventHealth Orlando, Orlando Health, Orange County administration, UCF Downtown Campus, Valencia Downtown Campus, and City of Orlando administration. Additional income opportunities include on-site laundry, preferred parking spaces, AC filter service, and pet rent. Situated just a block away from Cherokee Lake and mere minutes from Downtown Orlando, this property blends tranquility with urban accessibility. Existing assumable agency loan: $700,000 balance, 5.03% interest, 30 year amortization, $4,450 payments, balloon 4/1/2028.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

12

PRICE/UNIT

$141,667

CAP RATE

5.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Osceola Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,202 SF

ZONING

R-2A/T/HP

APN/PARCEL ID

36-2229-7228-05-032

ASK ABOUT THIS PROPERTY

Joe LaFleur100Units.comMore Info
866-468-6487

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Joe LaFleur100Units.comMore Info
866-468-6487

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