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Browse More Listings in Multifamily For Sale, Melbourne, FL or Florida

Multifamily Property - Off Market

REDUCED + SELLER FINANCING + CASHFLOW

2664 Pineapple Avenue, Melbourne, FL 32935

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
Tax ID / APN #:
27 370900 502.1

Last Verified 11/3/2009 Listing ID 16256393

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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Created 5/28/2009

Additional Information for 2664 Pineapple Avenue, Melbourne, FL 32935

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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Pineapple Apartments
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$239,000

Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

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Duplex/Triplex
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Sold 3Q 2005

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.

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Multifamily Property For Sale - REDUCED + SELLER FINANCING + CASHFLOW

2664 Pineapple Avenue, Melbourne, FL, 32935