Turn-Key Performing 124-Unit Complex W Colonial Dr. Orlando, FL. 32808
Here is 124 Studio Units in 4 separate buildings in Colonial Apartments. It is located minutes from Downtown Orlando on West Colonial Drive. The property has a beautiful community pool with paver deck, basketball court, and each building has it’s own washer & dryer utility room.
Each unit has been remodeled in 2019 including kitchen , flooring, and bathrooms and every unit in the complex is rented for $785/month. Each building has 31 units. Buildings can be purchased separately or you can purchase all 4 at once.
Cash Flow Portfolios like this one typically don’t have as nice returns as this one, especially in this kind of condition. Property management is in place if someone would like to continue having them oversee the property. Financials will be provided upon request. Serious buyers only please.