15295 E COLONIAL DR

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15295 E COLONIAL DR

ORLANDO, FL 32826-5500
Asking Price
$4.80M
Cap Rate
9%
Asset Type
RV Park Multifamily
Class
Class B

What's Special

43-Site RV Park with an In-Place 9% Cap Rate <ul><li>​43 Total Sites/Units | 41 Full Hook-Up RV Sites | Two Apartments</li><li>​Situated on Two Parcels for a Total of ~6.38 Acres</li><li>​Over $1M of Improvements Completed since 2021</li><li>​Directly off State Road 50 with Strong Visibility and 200 feet of Highway Frontage</li><li>​Close Proximity to University of Central Florida, Orlando International Airport, and Disney World</li><li>​Rare Opportunity in the High-Demand/Low Velocity Orlando Market</li><li>​Well-Maintained, Managed, & La

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NOI
$80,000
Cap Rate
1.67%
DSCR
0.28
Underwater
Cash-on-Cash
-14.23%
Monthly Payment
$23,747.781
Annual Cash Flow
$-204,973.372

Location & Travel Times