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Multifamily

Prince Apartments

150 W Prince Pl, Haines City, FL 33844

Listing Price: $2,250,000

Cap Rate
6.00%
Number of Units
10
GRM
11.57
Price/Unit
$225,000

Investment Overview

Brand new construction – Built in 2022. Attractive unit mix of two and three bedrooms.

Investment Highlights

  • Brand new construction – Built in 2022
  • No capital infusion required to take advantage of the potential rent growth of $300 per unit
  • Well below average operating costs due to the new construction
  • Attractive unit mix of all two and three bedrooms
  • Washer/Dryer connections in every unit
  • Concrete Block Construction with metal roofs
  • Lakeland-Winter Haven MSA was ranked among the 15 Fastest Growing MSAs in the US (U.S. News & World Report 2021-2022)

Exclusively Listed By

Financing By

Multifamily

Prince Apartments

Listing Price: $2,250,000

Cap Rate
6.00%
Number of Units
10
GRM
11.57
Price/Unit
$225,000

Investment Highlights

  • Brand new construction – Built in 2022
  • No capital infusion required to take advantage of the potential rent growth of $300 per unit
  • Well below average operating costs due to the new construction
  • Attractive unit mix of all two and three bedrooms
  • Washer/Dryer connections in every unit
  • Concrete Block Construction with metal roofs
  • Lakeland-Winter Haven MSA was ranked among the 15 Fastest Growing MSAs in the US (U.S. News & World Report 2021-2022)

Investment Overview

Brand new construction – Built in 2022. Attractive unit mix of two and three bedrooms.

Exclusively Listed By

Financing By

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