Cash Cow! Great investment opportunity! 52 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 92% rented. Total monthly rent is $37,095. We have an HOA fees of $9,880 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator).Our tenants pay between $700 to $800 per unit for rent with all utilities included. Exterior paint is being done on all buildings and the pool is being totally rebuilt. The HOA has a total of 105 units. HOA has a large cash reserve. We are looking for cash buyer only.
Listing Agent: Rodolphe Brun (DR) Courtesy of: 3 Dot Realty LLC IDX information provided by the Flagler County Association of REALTORS. Copyright 2021. Information is deemed reliable, but not guaranteed. Updated: 16th October, 2021 10:48 PM
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