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Condo unit at sandlake
7900 S Orange Blossom Trail, Orlando, FL 32809
$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)
Created 6/17/2008
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.