For Sale
$570,000

3706 Vilabella DrSebring, FL 33872

6-Unit Portfolio, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a six-unit multifamily property located at 3706 Vilabella Dr, Sebring, FL 33872. The property, classified as Class A, consists of six one-bedroom, one-bathroom units, each currently renting for $1,000 per month, resulting in a 100% occupancy rate and a strong Net Operating Income (NOI) of $41,333. The property boasts a 7.25% capitalization rate, offering a compelling return on investment. Built in 1980 and extensively renovated in 2022, the property features a new roof and tasteful interior updates. Each unit includes one parking space and a private patio overlooking a shared pool area. The property is situated within the desirable Sun 'N' Lake community, providing residents access to an array of amenities, including two championship 18-hole golf courses, a racquet club, a pool and fitness center, basketball courts, and a dog park. The community also offers a vibrant community center with numerous resident activities and the 1,350-acre Sun 'N' Lake Preserve for outdoor recreation. This turnkey investment is priced at $570,000, or $95,000 per unit, representing a rare opportunity to acquire a high-performing multifamily asset in a thriving Florida community. The property's strong performance, desirable location, and recent renovations make it an ideal addition to any investment portfolio.

Property Details for 3706 Vilabella Dr

Property type
Residential income homes, Apartment buildings
Class
A
Year Built/Renovated
1980/2022
Units
6

Location Insight

City
Sebring
County
Highlands
State
Florida
Latitude
27.5300377
Longitude
-81.5112596
3706 Vilabella Dr, Sebring, Florida

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3706 Vilabella Dr
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