Description
Looking to make an investment in real estate in Winter Haven's booming economy? Then this established strip center might be the place for you. This 10 unit complex is located on Cypress Gardens Road one block from the main intersection of Cypress Gardens Blvd. This complex is conveniently located near Legoland Florida.
At current rent levels this property will boast a 6.10% CAP rate and there is some room for growth. Additionally, some tenants in this complex have been in place for over 10 years! If you are looking to make and investment in real estate this is where you might want to put your money.
Property Highlights
- Acres: 1.03
- County: Polk
- Year Built: 1990
- Property Type: Commercial, Retail
- MLS #: P4920058
Area |
33884 - Winter Haven / Cypress Gardens |
Number of Units Total |
10 |
Property Subtype |
Commercial Sale |
Property Type |
Retail |
Subdivision |
Eloise Woods West Lake Florence Unit |
Taxes |
$16,655 |
Interior Square Footage |
12,000 |
Lot Size Acres |
1.03 |
Lot Size Dimension |
300x150 |
Lot Size Square Feet |
44,902 |