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Multifamily

2305 South Mills

2305 S Mills Ave, Orlando, FL 32806

Listing Price: $550,000

Cap Rate
4.90%
Number of Units
2
Price/Unit
$275,000
Price/Gross SF
$203.70
Gross SF
2,700

Investment Overview

SP Multifamily Group of Marcus & Millichap is pleased to present qualified investors with the opportunity to acquire 2305 South Mills. This property is located in the heart of The SoDo District and within one mile South Orange Avenue and Michigan Avenue, the premier restaurant, retail and nightlife corridors. 2305 South Mills was built in 1957 and renovated within the last few years to include high-end finishes such as stainless-steel appliances, luxury modern cabinets, granite countertops, ceramic tile and hardwood flooring, recessed lighting and washer/dryer appliances in each unit. 2305 South Mills offers residents 1,350 SF three-bedroom/two-bathroom units along with private entrances and large fenced in backyards.

Investment Highlights

  • Highly Desirable Unit Mix of 100% Three-Bedroom/Two-Bathroom Units with 1,350 Rentable Sq. Ft. Each
  • Ability to Increase Rents to $2,450 as Each Unit Turns to be Competitive with the Market.
  • Located in the Highly Desirable SoDoDistrict, within Minutes of Downtown Orlando (82,000+ Employees) and the Orlando Health Main Campus

Exclusively Listed By

Multifamily

2305 South Mills

Listing Price: $550,000

Cap Rate
4.90%
Number of Units
2
Price/Unit
$275,000
Price/Gross SF
$203.70
Gross SF
2,700

Investment Highlights

  • Highly Desirable Unit Mix of 100% Three-Bedroom/Two-Bathroom Units with 1,350 Rentable Sq. Ft. Each
  • Ability to Increase Rents to $2,450 as Each Unit Turns to be Competitive with the Market.
  • Located in the Highly Desirable SoDoDistrict, within Minutes of Downtown Orlando (82,000+ Employees) and the Orlando Health Main Campus

Investment Overview

SP Multifamily Group of Marcus & Millichap is pleased to present qualified investors with the opportunity to acquire 2305 South Mills. This property is located in the heart of The SoDo District and within one mile South Orange Avenue and Michigan Avenue, the premier restaurant, retail and nightlife corridors. 2305 South Mills was built in 1957 and renovated within the last few years to include high-end finishes such as stainless-steel appliances, luxury modern cabinets, granite countertops, ceramic tile and hardwood flooring, recessed lighting and washer/dryer appliances in each unit. 2305 South Mills offers residents 1,350 SF three-bedroom/two-bathroom units along with private entrances and large fenced in backyards.

Exclusively Listed By

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