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KW COMMERCIAL11 S Bumby Ave.,Suite 200Orlando, FL 32803
All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness ,veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all other matters.
Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived,or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and othermatters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independentprofessionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KWCommercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial does not serve as a financial advisor to any partyregarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that maybe provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with acertified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies withapplicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed byOrlando Central in compliance with all applicable fair housing and equal opportunity laws.
KW COMMERCIAL11 S Bumby Ave.,Suite 200Orlando, FL 32803
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.
Each Office Independently Owned and Operated kwcommercial.com 3
OFFERING SUMMARY
SALE PRICE: $500,000
NUMBER OF UNITS: 4
CAP RATE: 6.15%
NOI: $30,761
LOT SIZE: 0.59 Acres
YEAR BUILT: 1984
BUILDING SIZE: 3,976
ZONING: RM-2
MARKET: Orlando MSA
PRICE / SF: $125.75
PROPERTY OVERVIEWThese fully leased duplexes located in the heart of Kissimmee are well maintained and consistently occupied. This propertycontains two duplexes (total of 4 separate rental units). Appealing to tenants, each unit contains its own laundry, screened-inporch, and plenty of backyard space.
Each Office Independently Owned and Operated kwcommercial.com 7
INCOME SUMMARY FINANCIALS
Duplex 1 Unit A $10,140
Duplex 1 Unit B $10,200
Duplex 2 Unit A $10,200
Duplex 2 Unit B $9,600
Gross Income $40,140
EXPENSE SUMMARY FINANCIALS
Property Taxes $5,138
Maintenance $1,200
Insurance $2,264
Flood $776
Gross Expenses $9,378
Net Operating Income $30,761
Information provided in this analysis has been prepared from sources deemed to be reliable, but is not guaranteed to be a complete summary or statement of all available data necessary for making apurchase or investment decision. No representations or warranties are made by KW Commercial, 11 S. Bumby Avenue, Orlando, Florida 32803 as to the accuracy, completeness or implied futureperformance of the information provided.
$550,000 313$168 313O5708307 34741 7 20Five or More KRB2PATRICKS
ADD
3,2802
# LISTINGS:
165$520,000
2
3,674 $144 165
16$490,0003,280 $120 16
313$550,0004,068 $168 313
6
7
4
6 1653,674 $144 165$520,000
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SLD
Photo ADOMSold DtMLS # CDOMZip Units SP# Address Subdivision Prop Style Zoning H SqFt LP/H SqF List Price SP/H SqF SP/LP
Presented By: Sunny Gandhi, PLLC
This is an opinion of value or Comparative Market Analysis and should not be considered an appraisal . In making any decision that relies upon my work, you should know that I have not followed the guidelines for
development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation .
Property Type is 'Income' Status is 'Active' Status is one of 'Pending', 'Withdrawn Conditional', 'Sold', 'Expired' Status Contractual Search Date is 07/29/2019 to 01/30/2019 Latitude, Longitude is around
28.26, -81.46 State is 'Florida'
Presented By: Sunny Gandhi, PLLC
This is an opinion of value or Comparative Market Analysis and should not be considered an appraisal . In making any decision that relies upon my work, you should know that I have not followed the guidelines for
development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation .