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11613 Southeast 57th Avenue
Belleview, FL 34420
Asking Price
$995K
Cap Rate
7.91%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 7.91% CAP | 8 Units <ul><li>100% Concrete Block Construction – Durable, low-maintenance build with pitched shingle roofing, helping reduce long-term capex exposure</li><li>Individually Metered Utilities – Electric and water paid directly by tenants, creating efficient expense control and stronger NOI</li><li>Desirable 1BR/1BA Unit Mix (8 Units) – Consistent demand from workforce housing tenants seeking affordability and simplicity</li><li>Prime Access to Growth Corridors – Conveniently located near US-441 with
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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,922.717
Annual Cash Flow
$20,927.395
