5 RESIDENTIAL UNITS/1 COMMERCIAL UNIT- 1 ACRE ON FLORIDA AVE
POTENTIAL TO ADD TO EXISTING INCOME OR REDEVELOP

Residential Portion:
The back half of the property is the residential area and takes up the remaining 0.6 acres of the property. On this property there are 5 income producing units totaling approximately 4,038 rentable square footage. Roofs are around 5-6 years old. Currently using a property manager at $100/mo/unit.

Unit 1: 944 SF House- 2 Bed/1 Bath $911/mo
Unit 2: 546 SF House- 1 Bed/1 Bath w/ carport $795/mo
Unit 3: Upstairs 2 Bed Apartment (1,306 SF) $961/mo
Unit 4: Downstairs 1 Bed (616 SF) Apartments $756/mo
Unit 5: Downstairs Studio (626 SF) Apartments $800/mo

(The residential area also includes a 512 SF Utility/Laundry structure)

Commercial Portion:
The front half of the property is fenced off for commercial use. This is approximately 0.4 acres of the 1 acre lot with 138’ of frontage on Florida Ave just north of the Florida-Fletcher intersection. This commercial area includes a 560 SF mobile office complete with A/C, network communications hub (Fios & Spectrum available), water and sewage and LVT wood-like flooring. Should be able to lease in the $2,000/mo range. Currently vacant.