Address: 315 Ridge Manor Drive, LAKE WALES, FL 33853
Description
Exceptional 11 Unit Income Opportunity with Strong Rental Appeal!
Dont miss this unique mixed unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long term leases in place, this property provides immediate and stable income for the savvy investor.
Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commutingmaking this a highly desirable rental location.
Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near term capital expenses.
Whether youre expanding your portfolio or seeking your first solid, income producing asset, this property checks all the boxes. Private showings are now being scheduledsecure your opportunity today!
Exceptional 11 Unit Income Opportunity with Strong Rental Appeal!
Dont miss this unique mixed unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long term leases in place, this property provides immediate and stable income for the savvy investor.
Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commutingmaking this a highly desirable rental location.
Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near term capital expenses.
Whether youre expanding your portfolio or seeking your first solid, income producing asset, this property checks all the boxes. Private showings are now being scheduledsecure your opportunity today!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Storage
Living Area: 5030.00
Roof: Other, Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Heating: Electric, Space Heater
Sewer: Septic Tank
Utilities: Electricity Connected, Propane, Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Furnished: Unfurnished
Interior Features: Window Treatments
Legal Description: RIDGE MANOR SECOND UNIT PB 19 PG 16 BLK 11 LOTS 4 THRU 6 & PT OF LOT 7 DESC AS: BEG SE COR NLY TO NE COR W 30 FT SLY 151.95 FT TO POB
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