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11.12% Cap Rate on $495,000 Investment Property

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(Please see below flyer for more pictures)
Property 
Description:
11.12% Cap Rate on $495,000 Property
1314 Sumter St., Leesburg, FL 34748
For Sale: $495,000
Sold!
• Office Warehouse, 1 Block off U.S. 27
• 7,480 Sq. Ft. Concrete Bldg, 5 Suites
80% Leased -- Potential > 11.12%!
More info:

In Central Florida!
3/4 Acre
City Utilities
Built 2001
5 Suites approx. 1,500 Sq. Ft. each
Zoned C-3, Highway Commercial
Alt Key # 1239371
4% Co-Broke
Attractive property. Building and landscape very well maintained.
Total Annual Rent $66,724.00 (not including sales tax)
Total Annual Expenses $11,648.00
Net Operating Income $55,076.00
Income Producing Opportunity!
• Please see additional info in below printable flyer!

Printable flyer: 11.12pct_Cap_Rate_on_495,000USD.pdf  (Adobe Reader required, get it free: Here)
Realtor: Jim Miller, CCIM, ALC (352-504-0070; miller@lake-real-estate.com)

 
 



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