7 Apartments for Sale!

  SOLD October 2014 for $125,000

112 Martin Luther King, Wildwood, Florida 34785


Land Size0.3 Acres
Units7
ZoningMulti-Family
SewerCity of Wildwood
WaterCity of Wildwood

Calling all Landlords and Investors! Â Here's your chance to own 7 rentals located in the same place! Â No more running to and fro chasing tenants and making repairs! Â This is your one stop pick-up for monthly rent and repairs! Â Located in Wildwood these units sit on 4 lots totaling .30 acres and is comprised of 6 - 1BR/1BA and 1 - 2BR/2BA. Â Each unit has been remodeled inside and out and comes with appliances. Â Estimated rental values total over $3,600/month or $43,200.00 annually. Â Based upon the asking price you have a gross cap rate of over 20%! Â What an incredible return! Â And yes, Seller's are motivated so just continue to watch your cap rate profits rise! Â Purchase today and start making money tomorrow!


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