Description

49 Unit Apartment complex in Lake Placid Florida. This complex is within walking distance to pharmacies, shopping, restaurants and houses of worship. Good tenant base with average of 90%+ Occupancy rate. Mix of Efficiency, 1br, apartments and one 3br 2ba house. Expandable double residential lot included in sale. Complex also has 3 coin operated laundries, workshop with all tools and equipment for maintenance. One efficiency apartment is used for on site office but could easily be converted back to an apartment.