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601 IMPERIAL BLVD
LAKELAND, FL 33803
Asking Price
$730K
Asset Type
Multifamily
Class
Class B
What's Special
Community Center- Office redevelopment opportunity <ul><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">2,087 +/- SQ FT Community Center with potential for rezoning to utilize for office, other low intensity commercial use, or a quadplex</span></li><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Convenient location off of South Florida Avenue just north of the Polk Parkway</span></li><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Two Parcels for a combined 1.35 +/- Acres</span></li><li><span style="color: rgba(0,0,0,var(--O42j
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NOI
$80,000
Cap Rate
10.96%
DSCR
1.85
Strong
Cash-on-Cash
16.74%
Monthly Payment
$3,611.147
Annual Cash Flow
$36,666.237
