$1,700,000

Features:
  • 12 Bedrooms
  • 10 Bathrooms
  • 650 sq ft
Overview
  • ID: MFRO6429349
  • Bedrooms: 12
  • Bathrooms: 10
  • Size: 650 sq ft
Property Details
Remarks
Investor Opportunity! Don't miss this rare chance to acquire a 12-unit condominium portfolio in Waterford Landing Condominium, offering immediate cash flow and strong investment potential. Currently, 10 of the 12 units are leased, with the remaining 2 units actively being marketed for tenant placement, providing an excellent opportunity to maximize occupancy. The portfolio generates an estimated annual net income of $118,280.39.Monthly HOA assessments vary by unit size, with individual units currently assessed between $209 and $290 each month.. The portfolio includes three different floor plans with unit sizes ranging from 583 to 810 square feet. Ideally located just minutes from UCF's Main Campus, the community offers convenient access to shopping, dining, and major roadways, making it highly desirable for tenants. Seller is also willing to sell each unit individually—please refer to the separate MLS listings for individual unit details. Contact the Listing Agent for additional financial information. Please refer to the included tax ID numbers and legal descriptions for the complete list of the 12 units included in the sale.
Financial Considerations
Price:
$1,700,000
HOA Fee:
234
Tax Amount:
$2311.46
Price per SqFt:
$2615.38
Tax Legal Description:
WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2107 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2103 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2205 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2209 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 2111 BLDG 2 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 3304 BLDG 3 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5203 BLDG 5 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 6108 BLDG 6 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5103 BLDG 5 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 3103 BLDG 3 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 10305 BLDG 10 WATERFORD LANDING CONDOMINIUM 8684/2101UNIT 5105 BLDG 5
Exterior Features
Lot Size:
10205
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Open
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
12
Bathrooms:
10
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1989
Construction Type:
Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
Required Lease and Contact Info Sheet to HOA
Map
  • Address
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
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  • After-Sale Support
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