Calling Investors in Florida

[Mukesh Punjabi]

Large multi family home in Ocala, Florida for private sale. It offers an attractive 10% gross cap rate and 8% net cap rate. The home is 4,691 square feet with 9-bedroom 4-bathroom on a 0.83-acre lot. The home is turnkey for an investor as it is currently rented to three separate tenants with sufficient security deposit and good rental income. The home is priced at $599,999.

As an investor, you earn $60,000 in gross annual rental income (which translates to a 10% gross cap rate). As a further upside, the property has a 468 square feet shed which after renovation can be rented to another tenant for an additional $8,400 in annual rental income, increasing the net equity value by at least $85,000 for the buyer.

For further details, please message me or reply to this post.