About N/A
Investor Opportunity! Don't miss this rare chance to acquire an 11-unit condominium portfolio in Waterford Landing Condominium, offering immediate rental income and strong investment potential. The portfolio includes a mix of (10) tenant-occupied units, and (1) vacant unit, providing flexibility for continued rental income and future leasing opportunities. The 11-unit portfolio is offered at $1,550,000 and generates an estimated annual gross income of $171,660.00, with an estimated annual net income of $97,055.58 based on current portfolio expenses. Monthly HOA assessments vary by unit size, with individual assessments currently ranging from approximately $209 to $290 per month. The portfolio includes three different floor plans ranging from 583 to 810 square feet. Current lease expirations are staggered through August 2027, providing an investor with the opportunity to manage future renewals and rental placement over time. Upcoming-vacancy units are being simultaneously marketed for sale and lease. Ideally located just minutes from UCF's Main Campus, Waterford Landing offers convenient access to shopping, dining, entertainment, and major roadways, making the community attractive for continued rental demand. Seller is also willing to consider the sale of units individually or as a smaller portion of the portfolio. Please refer to the separate MLS listings for current individual unit details, occupancy status, and availability. 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 11 units included in the portfolio sale.
Features of N/A
| MLS® # | O6429349 |
|---|---|
| Price | $1,550,000 |
| Bedrooms | 11 |
| Bathrooms | 10.00 |
| Square Footage | 650 |
| Acres | 0.23 |
| Year Built | 1989 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Listing Details
| Office | LEGENDS REALTY |
|---|
Neighborhood Information for N/A
Very Rapid Population Growth, High Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Bonneville Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
|
Montessori School Of East Orlando Private - Preschool to 6Th Grade |
1 Miles | |
|
East Lake Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Econ River High Charter Public - 9Th Grade to 12Th Grade |
2 Miles | |
|
|
University High School Public - 9Th Grade to 12Th Grade - Closest High School |
2 Miles | |
|
|
Sunset Christian Preparatory Private - Preschool to 8Th Grade - Closest Middle School |
2 Miles | |
|
|
Riverdale Elementary School Public - Preschool to 5Th Grade |
2 Miles |
School data provided by GreatSchools