Multifamily in BVL Kissimmee - high cap rate

  SOLD April 2024 for $1,595,000

168 Bowie Lane, Kissimmee FL 34743, Kissimmee, Florida 34743


Building Size7,411 Square Feet
Land Size0.45 Acres
ZoningMultifamily
Parking8
Waterpublic
Sewerpublic
Year Built2027
ConstructionBlock
RoofShingle

Kissimmee BVL only Multifamily for sale -- 22 BEDROOMS, 14 BATHS TOTAL, FULLY UPGRADED! Superb LOCATION with waterfront views of Lake Ventura. New built in 2017 in a very strong rental market area. Invest in Central Florida's growing city of Kissimmee. The 7 UNITS ( 3 bedrooms / 2 bathrooms/ 1100 SFT each) Multifamily with TENANTS IN PLACE makes gross income of $138,000 per year and proforma rental income $147,000 for market rents $1750/unit. Investment Opportunity in the expanding Buenaventura Lakes, KISSIMMEE. Low maintenance that offers the investor more cash flow and GOOD CAP RATE. NO HOA FEES!!! No major maintenance required. Each unit has STAINLESS STEEL appliances (refrigerator, oven, microwave, dishwasher and washer/dryer) GRANITE countertops in kitchen and bathrooms.Open floor plan with WOODLIKE VINYL FLOORS. Buenaventura Lakes shopping area is 5 minutes away. 20 minutes to Hunters Creek, Sea World, Disney and Celebration to the WEST. 13 minutes to Nemours , Medical City at LAKE NONA to the EAST. 15 minutes to Orlando International Airport to the NORTH. PRIME LOCATION WITH STRONG ECONOMIC GROWTH INDICATORS ! All tenants stay in place. Incredible growth opportunities await. Make an offer! (more photos to be added)


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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