Description
Investor special! If you are looking for a high rate of return on your money - this is the project for you. Converting this hotel to 36 studio apartments could yield around $65k a year or more. A thorough 5-year projection is available for serious buyers. Also a possibility for more than $100k in grant money to make those profit numbers even higher. Renderings are done, bids are collected, financing has been secured with the possibility of assumption, workforce housing support letters have been gathered from the big employers in Osceola....this is a ready to go project in a community that is desperate for affordable housing! 3 bedroom owner's suite for you or your leasing manager. BRAND NEW ROOF and a well taken care of brick ranch structure. Now is the time to turn to rental investments! Call agent for all the extensive details. You would be hard pressed to find a higher rate of return on the market!
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2BEDS
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1.79ACRES
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37BATHS
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01/2 BATHS
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17,011SQFT
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$46$/SQFT
Description
Investor special! If you are looking for a high rate of return on your money - this is the project for you. Converting this hotel to 36 studio apartments could yield around $65k a year or more. A thorough 5-year projection is available for serious buyers. Also a possibility for more than $100k in grant money to make those profit numbers even higher. Renderings are done, bids are collected, financing has been secured with the possibility of assumption, workforce housing support letters have been gathered from the big employers in Osceola....this is a ready to go project in a community that is desperate for affordable housing! 3 bedroom owner's suite for you or your leasing manager. BRAND NEW ROOF and a well taken care of brick ranch structure. Now is the time to turn to rental investments! Call agent for all the extensive details. You would be hard pressed to find a higher rate of return on the market!