390 SE BAKER AVENUE, Lake City, Florida 32025

$1,680,000

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List Price
$1,680,000
Status
ACTIVE
MLS#
133147

Property Description

INVESTORS TAKE NOTICE! Rarely does an investment opportunity like this come available—a 6-parcel income-producing portfolio with 100% occupancy! This portfolio includes six separate properties located at 401 SW Alachua Ave, 654 NW Ridgewood Ave, 1122 SE Lanvale St, 632 SW Satellite Ln, 722 SW Satellite Ln, and a 5-unit complex at 390 SE Baker Ave. Extensive information on each property is available in the listing documents, including inspection reports for four of the properties. Listing photos represent three of the properties; links for viewing the remaining three properties are also included in the documents and can be copied into your browser. OWNER FINANCING AVAILABLE at full asking price with 25% down, 8.5% APR, amortized over 20 years with a 5-year balloon. Due to the size and nature of this investment portfolio and to minimize disruption to the tenants, showings will only be permitted during the inspection period following acceptance of a contract. Excellent opportunity for an investor seeking an established, fully occupied rental portfolio with multiple properties and immediate income potential.

Additional Information

Area
1-S. Us 90 - E. Us 441 Columbia
Flooring
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Heating
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Cooling
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Roof
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Water
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Sewer
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Courtesy of Daniel Crapps and DANIEL CRAPPS AGENCY, INC