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The Barnett Group, Inc.
11520 Westwood Boulevard Unit 518, Orlando, FL 32821
- $1,396,000
- 14
- BD
- 12
- BA
- 971
- SqFt
- List Price
- $1,396,000
- Status
- Active
- MLS#
- S5159988
- Property Type
- Quadruplex
- Bedrooms
- 14
- Bathrooms
- 12
- Living Area
- 971
- Lot Size
- 8,819
- Region
- Orlando/International Drive
- Area
- 971
- County
- Orange
- Acres
- 0.20
- Year Built
- 1989
Property Description
Location, location. Lexington Park / Plantation Park is a 6-unit condominium portfolio consisting of two 3/2, four 2/2 condominiums located in the desirable 32821 zip code of Lake Buena Vista, International Drive. Located just 1 mile from tourist attractions, Sea World, Universal Studios, Disney Springs, Disney World, International Drive, Top Golf. This prime location creates a strong advantage for investors: the ability to attract steady rental demand from the local workforce in the hospitality and tourism industries. These properties each features resort-style amenities including swimming pool, tennis courts, fitness centers, indoor racket ball and other recreational features that enhance tenant satisfaction and retention. Owning a condo portfolio near tourist attractions provides several advantages: consistent tenant demand from hospitality workers, and strong long-term appreciation supported by Orlando’s thriving tourism economy. With easy access to shopping, dining, entertainment, and major highways. .With all units currently rented for immediate cash flow and a location that offers wonderful convenience to local shopping, entertainment, and major commute routes like I-4 and the 417 toll road, this is a rare chance to acquire a solid portfolio addition in one of Central Florida's most coveted districts. Schedule your private showing today! Current CAP: 13% Gross / 8% NOI
Additional Information
- Roof
- Shingle
- Land Type
- Barbecue, Clubhouse, Fitness Center, Gated Community - No Guard, Playground, Pool, Racquetball, Sidewalks, Tennis Court(s), Street Lights, No Deed Restriction, Maintenance Free, Security
- Parking
- Assigned, Common
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Zoning
- P-D
- Lot Size
- 8,819
- Construction
- Block, Brick, Stucco
- Pets
- Yes
- Year Built
- 1989
- Sewer
- Public Sewer
- Heating
- Central, Electric
- Subdivision
- Lexington Place Condo
- Unit
- 518
- Living Area
- 971
- Style
- One Story
- Pool
- Yes
Listing courtesy of RE/MAX PRIME PROPERTIES. 407-347-4512
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