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Updated 3 days ago on .
Rare 1% - Off-Market 7 Triplexes of 2bd/1ba in Palm Bay, FL
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
Offering