Melbourne, FL Triplex For Sale (Off Market)

[Zach P.]

I have a Triplex for sale I haven't listed yet with a realtor. 2 units on annual leases, $1695/mo and $1575/mo. 3rd Unit was just rehabbed listed for rent, should rent for somewhere in the $1600's. Will close with an attorney to draw up paperwork. 7.5% Cap rate assuming 3rd unit rents for $1625/mo. NOI after taxes and insurance is ~$50,000/year. Roof is 2018. $665,000