Details
Address:4900 11th StreetType:CommercialStyle:2 StoryBedrooms:2"Each Townhouse"Bathrooms:2Size:14,822 sq. ft.Lot Type:RectangularLot Size:0.83 acres151ftx240ftYear Built:1984"Great Shape"MLS:393782
Description
Realize excellent Investment return & positive cash flow with this well maintained townhouse complex in quiet neighborhood convenient to Tyndall Air Forece Base, shopping and restaurants. Complex consists of 3 buildings with a total of 14 townhouse. 10 of the townhouses are approximately 923 square feet and 4 are approximately 1,273 square feet. Current rents vary. Rents are being increased with new leases. Affordabel insurance since wind and flood coverages are not required. NEW OWNER WILL REALIZE IMMEDITATE POSITIVE CASH FLOW. STRONG NOI and a CAP RATE OF 8.4%.