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3526 Rouse Road
Orlando, FL 32817
Asking Price
$1.60M
Asset Type
Residential Land
Class
Class B
What's Special
Residential Development Opportunity <ul><li>Rare opportunity to buy land near the University of Central Florida below market value</li><li>12.36± acre parcel with an estimated 8± usable acres; pricing is based on usable acreage</li><li>Located in unincorporated Orange County; zoning is R-1A, Residential (4 units per acre) with Future Land Use LM (Low Medium Density - 10 units per acre)</li><li>Great location 2 blocks north of University Blvd, 1 mile east of SR 417 (GreeneWay) and 1 mile west of UCF</li><li>Easy access to SR 4
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
