Old Bartow Rd., Lake Wales, FL 33859

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This 5-unit multi-family complex consists of an 1872 SF apartment building with (2) 1/1’s, (1) studio, (1) 2/1, and a 732 SF 3/1 mobile home.  All units are currently rented. Rental rates are as follows:

• Two 1 Bedroom 1 bathroom Units. – $425 & $425 monthly
• One Studio 1 Bedroom 1 bathroom – $325 monthly
• One 2 bedroom 1 bathroom apartment – $550 monthly
• One Mobile Home 3 bedroom 1 bathroom. – $450 monthly
• Total Monthly income: $2,175

A new well pump and a new septic tank for the building was installed November 2018. The wood steps are 3 years old, some tiling was done a couple months ago, and roof was replaced in 2015.

Reynolds, No HOA

Est. Rehab: $0

Current Rent: $2,175