Multifamily

Lotus Arms

455 Mehlenbacher Rd, Belleair Bluffs, FL 33770

Listing Price: $1,399,997

Cap Rate
5.79%
Number of Units
10
Occupancy
95.00%
Price/Unit
$140,000
Price/Gross SF
$133.66
Gross SF
10,474

Investment Overview

N/A

Investment Highlights

  • Turn-Key Asset
  • Excellent Location In High Barrier To Entry Market
  • Meticulously Maintained and Mostly Renovated
  • Highly-Desirable and Rare Unit Mix of All 2 Bedrooms with 1.5 or 2 Bathrooms
  • New Roof, Venting, Gutters, Irrigation System, Toilets, Lighting and Landscaping Within Last Two Years

Exclusively Listed By

Listing Price: $1,399,997

Cap Rate
5.79%
Number of Units
10
Occupancy
95.00%
Price/Unit
$140,000
Price/Gross SF
$133.66
Gross SF
10,474

Investment Highlights

  • Turn-Key Asset
  • Excellent Location In High Barrier To Entry Market
  • Meticulously Maintained and Mostly Renovated
  • Highly-Desirable and Rare Unit Mix of All 2 Bedrooms with 1.5 or 2 Bathrooms
  • New Roof, Venting, Gutters, Irrigation System, Toilets, Lighting and Landscaping Within Last Two Years

Investment Overview

N/A

Exclusively Listed By

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