Description
Great opportunity to add 3 condo units to your investment portfolio. The Woodlands Condominium is located in a great location off 9 Mile Rd. Conveniently located near UWF, shopping, and medical facilities. All units offer 2 bedrooms, 2 baths, 1st floor patio, 2nd floor balcony, W/D hookups, and fireplace. There are 3 units located on the 2nd floor. New roofs were installed in January, 2021 on all 5 buildings. The yearly association fee is $1,800 per unit. The lease terms are as follows (unit - monthly rent - lease exp.):E202 - $1,100 - Month-to-Month, E203 - $1,100 - 01/31/2024, E204 - $1,000 - 01/31/2024. Annual Rental Income: $38,400 Expenses: $12,554 NOI: $25,846
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2BEDS
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2.68ACRES
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2BATHS
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01/2 BATHS
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1,026SQFT
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$0$/SQFT
School Information
Description
Great opportunity to add 3 condo units to your investment portfolio. The Woodlands Condominium is located in a great location off 9 Mile Rd. Conveniently located near UWF, shopping, and medical facilities. All units offer 2 bedrooms, 2 baths, 1st floor patio, 2nd floor balcony, W/D hookups, and fireplace. There are 3 units located on the 2nd floor. New roofs were installed in January, 2021 on all 5 buildings. The yearly association fee is $1,800 per unit. The lease terms are as follows (unit - monthly rent - lease exp.):E202 - $1,100 - Month-to-Month, E203 - $1,100 - 01/31/2024, E204 - $1,000 - 01/31/2024. Annual Rental Income: $38,400 Expenses: $12,554 NOI: $25,846
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