Additional Details

• Contact: Jens Kuetemeyer (954) 807-9113 or jkuetemeyer@propertyforce.com
• Ideal Investment Strategy: Rental
• Current Rents: $6,400
• Estimated Rehab: $5,000-$35,000
• Zoning: Commercial, general (Current Use - Multifamily 10 Units or Less)
• Construction: CBS
• Occupancy: Call your Agent
• Rehab Description: For a rental, keep the existing tenants in place and assuming the monthly cashflow. New split unit A/C's were added last year along with resurfacing parking lot was done. Metal roof was added in 2005 and appears to be in good condition. Tile flooring is in good shape. Optionally, do basic cosmetic interior updates and clean up to further maximize rents.
• Features: FULLY RENTED 8-Plex in Punta Gorda! This 8 bedroom, 8 bathroom concrete block octaplex features 3,170 living sqft and sits on a .46 acre lot. All units are one bedroom/one bath approx 400sq ft. Each unit has a stove, refrigerator, microwave, living area, bedroom and bath. Being offered rent ready for immediate cashflow!
• Important Details: --> Buyer agrees to assume current tenants with a combined rent of $6,400/mo. All leases executed and will be provided prior to close. --> Included with rent is electric and water.
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab
• Additional Infformation: More pictures available & financials upon request