Grand Oaks Plaza II, is a great multi-tenant investment property in an amazing location! This is an opportunity to purchase a strong income-producing property. This sale includes all units in 942, 946, and 950 Tamiami Tr, Port Charlotte, Fl 33953 with the exception of 1 unit (946 Tamiami Tr Unit 206 NOT included). The 3 buildings are currently split into 12 units. 10 units are currently leased, the rent roll is attached below. The 2 vacant units are gray shells. The current Gross Income for this property is $712,574.52 and the 2021 Operating Expenses are $139,133.78. The Net Income is $573,440.74 which puts the property at a 6.75% CAP Rate!
45,542 sqft Port Charlotte