708 & 712 E Sugar Cane Dr are adjacent and identical properties, each consisting of two, three-unit apartment buildings that currently rent for $425/month/unit. All twelve units are two bedrooms, one and a half bathrooms, and feature spacious floor plans and central HVAC. The property is entirely fenced and offers a large, generously-shaded, grassy lawn for tenant enjoyment. With some minor improvements and renovation, rents could easily be grown 5% annually for the next three years. Currently being offered at a 9.5% cap rate.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
