PINE SHADOWS AND PARK CENTRAL CONDOMINIUM, ORLANDO, FL, 32811
$1,389,000
Residential Income
|
Bedrooms
11
|
Bathrooms
11
|
Lot Size
1 Sqft
|
THIS LISTING IS FOR 8-UNITS INVESTMENT PACKAGE! PRIME ORLANDO LOCATIONS.
– EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY – STRONG CASH FLOW & HIGH DEMAND LOCATIONS. -
LOCATIONS: 3 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 8 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 8 UNITS ARE 100% LEASED. SELF-MANAGED BY THE OWNERS, SMOOTH TRANSITION FOR NEW OWNERSHIP.
FINANCIALS: MONTHLY RENTAL INCOME: $13,020 | HOA FEES: PINE SHADOWS: $1,197/MONTH, PARK CENTRAL: $1,702/MONTH |
PROPERTY DETAILS UNIT TYPES & SIZES: 3 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,
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
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6313868 | Year Built: | 1983 | |
| Appliances: | Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer | Association Amenities: | Basketball Court | |
| Community Features: | Association Recreation - Owned, Pool, Tennis Court(s), Street Lights | Construction Materials: | Block, Stucco, Vinyl Siding, Frame | |
| Cooling: | Central Air, Humidity Control | Country: | US | |
| County Or Parish: | Orange | Exterior Features: | Balcony | |
| Flooring: | Carpet, Ceramic Tile | Foundation Details: | Slab | |
| Heating: | Central, Electric | Laundry Features: | In Kitchen, Inside, Laundry Closet | |
| Lease Term: | Twelve Months | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Lot Features: | City Limits, Level, Near Public Transit, Paved | Occupant Type: | Tenant | |
| Parking Features: | Assigned, Driveway, Garage Door Opener | Patio And Porch Features: | Covered, Front Porch, Screened | |
| Pets Allowed: | Yes | Possession: | Close Of Escrow | |
| Property Sub Type: | Multi Family | Property Type: | Residential Income | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Security Features: | Smoke Detector(s) | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Appointment Only | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity | Utilities: | Cable Available, Electricity Connected, Sewer Connected, Water Connected | |
| Water Source: | Public | Window Features: | Blinds | |
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