Historical Multifamily Sale Listing - REDUCED + SELLER FINANCING + CASHFLOW

Multifamily For Sale

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REDUCED + SELLER FINANCING + CASHFLOW

2664 Pineapple Avenue, Melbourne, FL 32935

N/A

68 Spaces | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Spaces:
68
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Additional Sub-types:
Economy/ Limited Service
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Commission Split:
4%
Cap Rate:
12.50%
Gross Rent Multiplier:
4.22
Occupancy:
80%
No. Stories:
1
Lot Size:
4.43 AC
APN / Parcel ID:
27 370900 502.1
Listing ID
16256393
Last Updated
over 1 year ago

Highlights

  • Seller financing! Wrap arround. subject-to.
  • Existing cash business at Land value!
  • Prime Space Coast! 10min. to Melbourne International, 45 to Orlando's
  • Take over existing LLC, Quick, Simplified transaction.
  • Best for owner-user, Builder, Handyman...
  • Seller may joint venture. or Trade for West coast

Description

Income and re-develop opp - existing 68 units
In prime Eau Gallie! best of Melbourne - mainland. On 4.43 acres.
Mix of Cottages, Apartments, Mobile homes and trailer lots.
Seller will carry-wrap loans with equitable down!
City will allow homes, cottages, senior living, complex.
Best for Owner-user. Developer. Contractor. Visionary.
Come and get it!

Across street from waterfront on prime Pineapple Ave.
Best Eau Gallie, Melbourne location at highest ridge on Pineapple Ave..
Near everything. Via Highway 1

Map of 2664 Pineapple Avenue, Melbourne, FL 32935 (Brevard County)

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