Welcome to this amazing investment opportunity in Lake Placid, Florida! This fully furnished 4 Unit Complex is located near Lake June and Lake Placid, offering a great environment for its residents. With an impressive 8.5% cap rate, this property generates a healthy monthly revenue of $5,600 with annual leases, a stable and reliable income stream for the investor. It is also ideally suited for AirBNB or VRBO rentals. With a brand new roof in Oct. 2022, this lucrative investment property comprises four fully furnished units, each equipped with linens, kitchen supplies, and decor. It's an excellent location for traveling professionals or those seeking temporary accommodations. The fully furnished units make it an ideal choice for tenants seeking a comfortable home away from home. Each unit features two bedrooms and two bathrooms, providing comfortable and spacious living quarters for tenants. Each also comes equipped with its own washer and dryer, making laundry a breeze. The property is situated just 1 mile away from a golf course, making it a perfect location for golf enthusiasts. Additionally, the property is within 2 hours of South Florida, Orlando, Tampa, and the beaches on either coast, making it easy for tenants to explore and enjoy the surrounding areas. This investment property offers an incredible opportunity to earn a high return on investment, in a prime location. Owner will consider financing. Don't miss out on this chance to add a great asset to your investment portfolio. The listing agent is a related party to the seller.
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