Income!! Income!! Small Bay/Flex Warehouses!! 6% CAP Rate currently with potential for 8% with rent upside. The property is 100% Leased with outstanding cash flow and located in the heart of The Villages growth path. This property, known as The VIP Garage and was built in 2023 and consists of 5 buildings 30 units of small bay flex/warehouse each unit is 2,500 Sq. Ft.. The property is fully fenced with a security gate and video surveillance. Situated in Wildwood, Florida (The Villages growth area) and sitting almost directly across from Brownwood, The Villages 3rd Town Center and within 1 mile of I 75 and less than a mile from the Florida Turnpike. This is a rare opportunity to purchase an investment property this large with as much cash flow in or around the fastest growing area in the United States. Each unit has two (2) grade level doors that are 12 x 14 along with a 9 x 15 office, handicap accessible bathroom and every unit has an A/C Unit. Great location, great property, great income opportunity!
Income!! Income!! Small Bay/Flex Warehouses!! 6% CAP Rate currently with potential for 8% with rent upside. The property is 100% Leased with outstanding cash flow and located in the heart of The Villages growth path. This property, known as The VIP Garage and was built in 2023 and consists of 5 buildings 30 units of small bay flex/warehouse each unit is 2,500 Sq. Ft.. The property is fully fenced with a security gate and video surveillance. Situated in Wildwood, Florida (The Villages growth area) and sitting almost directly across from Brownwood, The Villages 3rd Town Center and within 1 mile of I 75 and less than a mile from the Florida Turnpike. This is a rare opportunity to purchase an investment property this large with as much cash flow in or around the fastest growing area in the United States. Each unit has two (2) grade level doors that are 12 x 14 along with a 9 x 15 office, handicap accessible bathroom and every unit has an A/C Unit. Great location, great property, great income opportunity!
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Concrete
Living Area: 75000.00
Roof: Metal
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central, Electric
Road Frontage Type: County Road
Utilities: Underground Utilities
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
Legal Description: BEG 1353.42 FT W & 704.45 FT N OF E 1/4 COR SEC RUN W 417.32 FT N 597 FT TO S R/W COUNTY RD E 417.42 FT S 597 FT TO POB
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