Hotel & Motel Property For Sale - Condo unit at sandlake

7900 S Orange Blossom Trail, Orlando, FL, 32809

 

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Condo unit at sandlake

7900 S Orange Blossom Trail, Orlando, FL 32809

Condo unit at sandlake
  • $165,000
  • 11
  • 330,000 SF
  • $15,000
  • Hotel & Motel
  • Full Service
  • Investment
  • 100%
  • Find Out More...
Last Verified  11/4/2009 Listing ID  15761968

Description

very profitable condo units for quick sale move out of the country
11 large studio condo units for sale $15,000.00 each unit. The building is about 30 years and it is concrete structure. The unit is 300 sf. The building has total 250 units. For all my units, I rented to long term tenants at $600.00 per month each unit and all the expenses (water electricity, and cable TV, insurance)are in the association fee which is $260.00 per month per unit and the net income is about 3700.00 per month. The property tax is $400.00 per year per unit. You are only responsible for the inside of the unit. I changed AC and Tile floor for all my units last year. The location is 3 miles from I-4 and 5 miles from Orlando international airport. Other management companies are also available. All my units are 100% rented all the time. It is very easy to find tenants in the area because of volume of business.
The annual gross income is ($600.00 X11) X12=$79,200.00
Expense the association fee per year ($260.00 X11)X12=$34,320.00
Property tax per year $400.00 X11=$4,400.00
Net income is $40,480.00 per year.
For more information call 407-758-1698

It is busest corner at Florida Mall area near I-4 and airport in Orlando. There are over thousand business around the area and walking distance to many shopping center and restaurant. Many tenants choose to live in the area so that they could go to work without using car.

Map of 7900 S Orange Blossom Trail, Orlando, FL 32809 (Orange County)

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Presented by

John Huang

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John huang (407) 758-1698
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Created 6/17/2008

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