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Updated 3 days ago on .

User Stats

5
Posts
2
Votes
Nick Ho
  • Real Estate Investor
  • Marlborough, MA
2
Votes |
5
Posts

Rare 1% - Off-Market 7 Triplexes of 2bd/1ba in Palm Bay, FL

Nick Ho
  • Real Estate Investor
  • Marlborough, MA
Posted

Rare 1% Off-Market 7 Triplexes of 2bd/1ba in Palm Bay, FL 32905, for a total of 21 units. Fully occupied. Cash flow day one.

$2.3M, Cap rate 9+. Value to gross rent 1%.

Current rent 30% below market. Great value-added properties with massive potential.

1 minute to intercoastal. 5 minutes to I-95. 10 minutes to the ocean. Between FL Institute of Technology and L3 Harris

Palm Bay is in middle of an explosive growth.

Option to split the deal, get 3 triplexes for $986k or 4 triplexes for $1.314M.

Not Seller Finance

Serious Buyers only

[email protected]

Offering