2005 Carlton Drive, Melbourne, FL 332935
  • $1,100,000
  • $1,100,000

Overview

Property ID: 19600
  • CommercialSale
  • Property Type
  • 20908.0 Sqft
  • Area Size

Description

6+% Cap rate. Fully rented and stabilized 6 plex providing a great return. All tenants have been screened and have made timely payments. Owner has not missed one payment since taking ownership of the property. Proof of rent payments can be made available upon request. Unit mix consists of (3) 1 bedroom + 1 bath lofts (Second floor loft can be used as a second bedroom) and (3) 1 bedroom + 1 bath. Half of the units have been renovated, the other half require some renovation if the new owner wishes to increase rent.

  • Address: 2005 Carlton Drive
  • City: Melbourne
  • State/county: FL
  • Zip/Postal Code: 332935
  • Country: United States

Details

Updated on November 19, 2022 at 4:32 pm
  • Property ID 19600
  • Price $1,100,000
  • Property Size 20908.0 Sqft
  • Land Area 20908.0 Sqft
  • Property Type CommercialSale
  • Property Status For Sale
  • MLS# A11233887
  • Office Name CERVERA REAL ESTATE INC.
  • Agent Name Walter Vargas
  • MLS Status Active

Additional details

  • County Brevard County
  • Property SubType MultiFamily

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Contact Information

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Mike Benmeleh

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