one property at a time.

12 Unit Motel w/ Projected 19% ROI

Price
$1,100,000
Est. Resale Value
$1,600,000
1147 Ridgewood Ave, Holly Hill, FL 32117, USA, ,

Overview

  • 12 Bedrooms
  • 12 Bathrooms
  • 3,742 ft
  • Year Built: 1944

Description

Price $1,100,000
NOI ..$…210,600
ROI 19%

Estimated Value
Selling @ 13cap – Est. Value: $1,600,000
Rents Per Month: …$23,400
Expenses @ 25%: …$…5,850
Income Per Month: $17,550
Property Details
Rehab Level: Light
Construction: Block on Slab
Electrical Panel: Good Condition
Air Conditioner: Mixed Conditions
Water Heater: Mixed Conditions
Roof: New 2024
Occupancy: Rented @ 90%

Address: 1147 Ridgewood Ave, Holly Hill, FL 32117, USA
State:
Zip: 32117
Country: United States
Open In Google Maps
Property Id : 97300
Price: $ 1,100,000
Property Size: 3,742 ft
Bedrooms: 12
Bathrooms: 12
ARV: $1,600,000
Property Type: Multifamily
Parking: Driveway
Year Built: 1944
Lot Size: 0.80 acres

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