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Site Last Updated:
April 19, 2010 11:42

 

Historic Renovated 6-unit Apartment Building
Downtown Orlando - Lake Eola Heights Historic Neighborhood
811 E. Concord Street
Orlando Florida 32803

$800,000

Thank you for inquiring about The Lofts at Concord at 811 Concord St. in Downtown Orlando.  Four of the six historic apartment feature over 900 sq ft of living area with oak hardwood floors, granite countertops, dishwashers, central air & heat, high ceilings, 16 windows, & large walk-in closet. There is garage parking for one car and laundry facilities.  This property boasts a virtual perfect occupancy record since the existing owner purchased the property in 1995. Leases are for 12 months or longer and all tenants have been carefully screened for credit, background, and employment. Smokers or dogs are not permitted in the apartments. The units are all in excellent condition. There are multiple opportunities for additional income generation. The net operating income has remained very stable over the last 13 years; last year's net operating income was just over $50,000.
 

Floor Plan - Unit 1 (downstairs unit) & Unit 3 (upstairs)

Floor Plan - Unit 2 (downstairs unit) & Unit 4 (upstairs)

The remaining two units are one-bedroom units with similar characteristics including multiple full-sized windows, granite countertops, dishwashers, large walk-in closets, central air & heat and high ceilings. The details for this included property can be found here.

Exterior Photo Gallery:

Interior Photo Gallery:

 

 400 Hillcrest St | Orlando Florida 32803 USA | office 407.648.4884 | on-call agent 407.538.1000 | info@floridalandgroup.com 

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