Bought with Josh Realty, Inc.
$3,150,000
$3,600,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
44 Baths
29,052 SqFt
SOLD DATE : 12/09/2021
Key Details
Sold Price $3,150,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 29,052 sqft
Price per Sqft $108
Subdivision Sunset Heights Sub
MLS Listing ID RX-10709370
Sold Date 12/09/21
Construction Status Resale
Year Built 2002
Annual Tax Amount $29,287
Tax Year 2020
Lot Size 2.800 Acres
Property Description
Compass Commercial is proud to present Silver Sands Apartments, a 44-unit lakefront community in Sebring, Florida. Silver Sands is one of the most vital multifamily assets in the highly competitive Central Florida market. The immaculately maintained property offers a diverse mix of floor plans and boasts a strong occupancy history of capturing Sebring's growing rental demand. The community provides tenants spacious efficiency, one and two-bedroom options, and the property benefits from the current owner's considerable capital improvements completed over the past 12 months. Silver Sands is a well-maintained, lakefront property with a verifiably profitable history. Increasingly strong rental demand in the region provides new ownership with an easy opportunity to increase rents significantly.
Location
State FL
County Highlands
Area 5940
Zoning R3
Interior
Heating Central Individual
Cooling Ceiling Fan, Central, Wall-Win A/C
Flooring Carpet, Linoleum, Vinyl Floor
Fireplaces Type Smoke Detector
Exterior
Utilities Available Cable, Electric, Municipal Water, Septic
Waterfront Yes
Roof Type Metal
Building
Story 100.00
Construction Status Resale
Others
Acceptable Financing Assumable-Qualify, Cash, Conventional, Cryptocurrency
Listing Terms Assumable-Qualify, Cash, Conventional, Cryptocurrency
Financing Assumable-Qualify,Cash,Conventional,Cryptocurrency
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