Details
Investment Highlights
Description
• Completely renovated garden-style apartment in Avon Park, Florida
• 38 units consisting of:
• 1 bedrooms: 12
• 2 Bedrooms: 14
• 3 Bedrooms: 8
• 4 Bedrooms: 4
• Gross SF: 27,901
• Lot Size: 4.8 acres
• Shared laundry facility that provides additional Income
• Current wait list for remaining units
• Estimated NOI $193,075
• Exterior Renovations:
• Exterior paint
• Landscaping of various palm trees, colorful flowers, oak trees, and others (irrigation system installed)
• New parking lot
• Interior Renovations:
• Tile and vinyl flooring
• New kitchen cabinets and countertops
• New appliances
• New bathroom tile and vanities
• New individual HVAC units
Location Overview- Avon Park
• Located in between the downtown district and Lake Verona
• Downtown Avon Park
• “The mile long mall”
• The Depot Museum
• Plenty of restaurants and shops
• Lake Verona
• 41 acre lake
• Surrounded by Donaldson Park
• Home to South Florida State College
• 16,000 students
• 4 miles north of Sebring, Fl