Rare turnkey investor special in the coveted Eastwoods community, next to the best schools in town. Retiring landlord offers you the rare chance to snatch up this meticulously maintained, plug and play cash flowing asset at a 6% cap rate, with no repairs/improvements needed.
Cons: Roof and WH 12 years old. Pros: New AC in 2018. Well maintained, with inspection and service records available. No significant deferred maintenance nor capital improvements needed. Large screened in lanai wraps around the pool. Quality tile flooring throughout. Fully fenced backyard. Split floorplan, but separate dining and great room.
Investor notes:
LTR estimate: $2,850 /mo, with limited nearby competition. NOI estimate: $25k /yr. STR estimate: $53.3k yrly gross, at 251 /night, with 58% occupancy.
No HOA/CDD. Feel free to soft pitch offers to listing agent. Some flexibility on asking price. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and MLS info sheet.