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.
Prince Apartments
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
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
