Royalty deal you dont want to miss... great ROI for you or your investors

3330 W Colonial Dr, Orlando, FL 32808

$12,000,000 After Repair Value -
$9,800,000 Asking Price -
$0 Cost of Repairs =
$2,200,000 Potential Profit

Property Details

Asking Price $9,800,000

After Repair Value $12,000,000

Costs of Repairs $0

Potential Profit $2,200,000

Living Area 46000 ft2

Property Type Land

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

PURCHASE PRICE: $9.8M + BUYER\'S FEEBEDS: 124 BATHS: 124\ - .: 46,000 YEAR BUILD: 1972POOL: Yes TAXES: $8,078Here is 124 Studio Units in 4 separate buildings at Colonial Apartments located minutes from Downtown Orlando on Colonial Drive.Each building has 31 units and can be purchased for $2.5 M each, or as a portfolio of 124 Units.All the units have been remodeled in 2019 including kitchen , flooring, and bathrooms. Every unit in the complex is rented for $785 monthly.The property has a beautiful community pool with pavered deck, basketball court, and each building has it\'s own washer & dryer utility room.Cash Flow Portfolios like this one, typically doesn\'t have the kind of returns this property has and especially, not in this kind of condition.Property management is in place for someone who would like to continue having them oversee the property.The location is fantastic and surrounded by everything you can imagine including all major roadways, 408, I4, and Colonial Drive.FINANCIALS WILL BE PROVIDED UPON REQUEST TO QUALIFIED BUYERS ONLY.THIS ASSET IS DELIVERABLE WHILE AVAILABLETHIS PORTFOLIO SALE IS OFF THE MARKETTHIS IS A PRE-DUE DILIGENCE AND NOT A FORMAL DUE DILIGENCE PACKAGE. PLEASE NOTE: THE SELLER IS ASKING THE POTENTIAL BUYER TO PROVIDE JUST AN LOI SHOWING THE BUYER\'S INTEREST, BUYER\'S INVESTMENT BIO, BUYER SIGNED MASTER FEE AGREEMENT AND THE FACT THAT THE BUYER IS FINANCIALLY CAPABLE. GIVEN THAT IF THE BUYER CHOOSES TO DO THE PREVIOUS PROTOCOL AND PROOF UP ATTORNEY TO ATTORNEY, THAT IS THE BUYER\'S OPTION. ONCE PROOFED UP, THE SELLER WILL PROVIDE SOME OF THE UPDATED AND ABSOLUTELY EVERYTHING IN FORMAL DUE DILIGENCE. BUYER & SELLER PARTICIPATION MUST BE A TWO WAY STREET.Buyers are advised to do their own independent due diligence and research before commuting with the purchaseFOR FINANCING OPTIONS PLEASE CALLNOTE: Price is firm and not negotiable.PLEASE, NO TRANSACTIONAL FUNDING.REQUIRED TO MAKE AN OFFER:1. SIGNED NDA2. LETTER OF INTENT3. POF (BANK OR FUND STATEMENT) - EXCEPTIONS!if you have any questions feel free to contact me. Y.M

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