1 PINEBARK AVENUE
Orlando, FL 32811
1 sqft | 13 beds | #O6313868
Description
THIS LISTING IS FOR A 9-UNITS REAL ESTATE INVESTMENT PACKAGE! PRIME ORLANDO LOCATIONS – EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY – STRONG CASH FLOW & HIGH DEMAND LOCATIONS. LOCATIONS: 4 UNITS IN PINE SHADOWS CONDOMINIUM, IN DIFFERENT BUILDINGS (KIRKMAN RD & CONROY RD AREA, NEAR UNIVERSAL PARKS) AND 5 UNITS IN PARK CENTRAL CONDOMINIUM, IN DIFFERENT BUILDINGS (CONROY AND JOHN YOUNG PKWY, NEAR THE MALL AT MILLENIA). THIS SELF-MANAGED PORTFOLIO OF 9 CONDOS OFFERS IMMEDIATE CASH FLOW, WITH ALL UNITS 100% LEASED, GENERATING INCOME FROM DAY ONE. LOCATED IN TWO HIGH-DEMAND ORLANDO COMMUNITIES, THESE UNITS ARE IDEALLY POSITIONED FOR LONG-TERM APPRECIATION AND RENTAL STABILITY. OCCUPANCY: ALL 9 UNITS ARE 100% LEASED. SELF-MANAGED BY THE OWNERS, SMOOTH TRANSITION FOR NEW OWNERSHIP. FINANCIALS: MONTHLY RENTAL INCOME: $15,120 | ANNUAL GROSS INCOME: $181,440 | HOA FEES: PINE SHADOWS: $1,596/MONTH, PARK CENTRAL: $1,702/MONTH | ANNUAL PROPERTY TAXES: ˜ $20,000 | ANNUAL INSURANCE COSTS: ˜ $7,900 | PROPERTY DETAILS UNIT TYPES & SIZES: 4 UNITS – 2 BED / 2 BATH WITH GARAGE | 5 UNITS – 1 BED / 1 BATH | CONDITION & RENOVATIONS: VERY WELL-MAINTAINED UNITS, MOVE-IN READY | LEASE TERMS: STABLE TENANTS WITH A SOLID PAYMENT TRACK RECORD — SOME LEASES ARE NEARING EXPIRATION. | TENANT QUALITY: EXCELLENT TENANTS WITH PROVEN RELIABILITY | INVESTMENT HIGHLIGHTS: CLOSE TO UNIVERSAL STUDIOS AND THE NEW EPIC UNIVERSE PARK, MILLENIA MALL, MAJOR EMPLOYERS AND ATTRACTIONS - HIGH RENTAL DEMAND & APPRECIATION POTENTIAL – ORLANDO’S MARKET CONTINUES TO GROW - TURNKEY INVESTMENT – OCCUPIED UNITS GENERATE IMMEDIATE CASH FLOW - FLEXIBLE INVESTMENT STRATEGY, OWNER OPERATED. BULK SALE PREFERRED, BUT INDIVIDUAL UNIT SALES CAN BE CONSIDERED. SERIOUS INQUIRIES ONLY. CONTACT FOR MORE INFORMATION AND PROPERTY DETAILS. **Please note that SIRS (Structural Inspections Reporting System) and Milestone Inspections are not required for THE PINE SHADOWS CONDOMINIUM, as it is under the 3-story and above requirement. Pine Shadows Building are 2-story. **For the Park Central Condominium, the HOA has completed the required SIRS and Milestone Inspections. A BROCHURE IS READILY AVAILABLE. PLEASE SEE THE ATTACHMENT OR CONTACT YOUR AGENT. Listing agent has ownership interest in the properties.
- Pine Shadows Address:
4457 PINEBARK AVE UNIT 44-1,
4439 PINEBARK AVE UNIT 47-4,
4448 PINEBARK AVE UNIT 56-1,
4379 WHITE PINE AVE UNIT 83-2,
- Park Central Address:
5144 CITY ST UNIT 237,
2314 MIDTOWN TER UNIT 1126,
5017 CITY ST UNIT 1932,
2200 METROPOLITAN WAY UNIT 926,
5016 PARK CENTRAL DR UNIT 2231.
Property Details
- InteriorCeiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-
- Utility FeaturesCable Available, Electricity Connected, Sewer Connected, Water Connected
- Lot DescriptionCity Limits, Level, Near Public Transit, Paved
- SubdivisionPINE SHADOWS AND PARK CENTRAL CONDOMINIUM
- Sewer InformationPublic Sewer
- Property SubtypeMulti Family
- Original List Price$1,610,000
- MLS #O6313868
- MLS #O6313868
- Exterior MaterialsBalcony
- Cost1610000
- Utility SourcePublic
- CountyOrange
- Year Built1983
- FoundationSlab
- Pets AllowedYes
- Bedrooms13
- Taxes Annual$0
- Square Feet1
- Parking Spaces1
- Days on Market (Cumulative)1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Renaissance Realty Main
Last Updated:Â . Source: SMLS
Listing Courtesy
Listing Agent: Katie Holz, PAÂ (#MFR261213054)
Listing Office: EMPIRE NETWORK REALTY (#MFR261012046)

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