Property Photos
- MLS#: MFRG5047511 ( Residential Income )
- Street Address: 1602 Crystal Grove Circle
- Viewed: 595
- Price: $6,900,000
- Price sqft: $198
- Waterfront: No
- Year Built: 1985
- Bldg sqft: 34926
- Days On Market: 203
- Acreage: 2.84 acres
- Additional Information
- Geolocation: 28.0239 / -81.9138
- County: POLK
- City: LAKELAND
- Zipcode: 33801
- Subdivision: Crystal Grove
- Legal: Crystal Grove Pb 72 Pg 33 Lot Q-11 Less E 4 Ft & Less Maint R/w Per Mb 27 Pgs 13-21
- Provided by: LIST NOW REALTY, LLC
- DMCA Notice
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DescriptionSuper community of separately deeded quadplexes. Low maintenance, 100% rented. 40 units in total with (20) 2/1's, (16) 1/1's and (4) 2/2's. Solid block construction and tile floors provide for easy maintenance and low operating expenses. Many units have been recently remodeled with tile floors, cabinets and fixtures. Sold together as 40 units, history of strong cash flow with strong occupancy, with an opportunity for rental increase. Offered at a pro forma 7% cap rate.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Country
- US
Covered Spaces
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- CRYSTAL GROVE PB 72 PG 33 LOT Q-11 LESS E 4 FT & LESS MAINT R/W PER MB 27 PGS 13-21
Living Area
- 32558.00
Area Major
- 33801 - Lakeland
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 24-28-28-247010-017111
Property Type
- Residential Income
Tax Year
- 2021
Township
- 28
Views
- 595
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/G5047511
Year Built
- 1985
Zoning Code
- PUD
