This 10 Unit Apartment Building minutes from Ferndon Ave is a prime investment opportunity. Built in 2021, each unit is well designed at 840 sq ft with 2 bedrooms and 1 bathroom. Upgraded finishes include wide plank flooring, large living area with dining/office nook, and nice sized kitchen. The complex is fully rented, has plenty of parking, and has been well maintained - a perfect turn-key multi-unit property with a Cap Rate of 6.5%. More financials including rent roll, expenses, and projected appreciation available to buyers upon request.
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Listing Courtesy Of Real Broker LLC. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325
Listing information last updated on April 27th, 2024 at 7:30pm CDT.
