1974 S Goldenrod Road
ORLANDO, FL 32822

Description

Land comes with Plans, Permits, and complete Pro-Forma for an income producing 27-Unit Apartment Building (All 2 bed 2 bath floor plans). Owner/Builder is ready to build for investors. Project stands to yield a 15% IRR, a 2.15 Equity Multiple, and will cashflow after year One. Builder is open to joint venture deals or selling the land outright and being hired as builder only. Located just minutes away from Orlando International Airport, University of Central Florida, and Valencia State College. The area around this property is booming with growth, including new residential and commercial projects indicating fantastic rental opportunities. Full market analysis and data available upon request.

Details

MLS#O5706770
Sub-TypeResale
StatusPending
Days On Site343

Features

ZoningR-3
Acreage2.14

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Area Information

StateFL
CityORLANDO
Zip Code32822
Area32822 - Orlando/Ventura
Listing VS Median (in 32822)
Price:
$450,000
low | high
Med:
$150,000
100% of Average
On Site:
343
low | high
Med:
29
100% of Average
Listing Updated: 04/17/2019
MLS Number: O5706770
Listing Provided By:
Alex Kontos  of  SAND DOLLAR REALTY GROUP INC

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