About 111 S Collins Street
Trophy Property - Great Investment Property on the corner of S. Collins St. in Downtown Plant City. The property has 8 tenants (3 commercial tenants downstairs and 5 aparments upstairs). The 5 apartments consist of 2 - Two Bedroom Units and 3- 1 Bedroom Units. The 3 tenants downstairs are all on Triple Net NNN Leases paying their share of property taxes, their own maintenance, and utilities. New TPO Roof 3 years ago. Each tenant has their own power meter. $100k in upgrades over the past 3 years. This mixed use building currently generates $13,127/month and $187,368/ annually making it a handsome 5.89% CAP return with no work needed. Profit Day 1!!! Schedule to view this property before it is gone! Private parking lot to the rear included in the sale. Public parking lot across the street assures tenants that their customers will always have plenty of parking.
Features of 111 S Collins Street
| MLS® # | S5152355 |
|---|---|
| Price | $2,000,000 |
| Square Footage | 10,154 |
| Acres | 0.25 |
| Year Built | 1907 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Listing Details
| Office | LUXURY ORLANDO REAL ESTATE |
|---|
Listing Map
Neighborhood Information for 111 S Collins Street
Stable Population, Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Jackson Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
0 Miles | |
|
Burney Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
Lincoln Elementary Magnet School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Marshall Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Advantage Academy Of Hillsborough Public - Kindergarten to 8Th Grade |
1 Miles | |
|
|
Advantage Academy Middle School Public - 6Th Grade to 8Th Grade |
1 Miles | |
|
|
Wilson Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools