GREAT INVESTMENT OPPORTUNITY OR BUSINESS. THIS PROPERTY CONSISTS OF TWO MINI STORAGE BUILDINGS, 15,000 SQ FT OF RENTAL STORAGE. 104 TOTAL UNITS, BUILDING ONE HAS 53 CLIMATE CONTROLLED UNITS AND BUILDING TWO HAS 51 STORAGE UNITS. THERE IS ALSO A 2000 SQ FT AUTO MECHANIC SHOP WITH THREE LARGE BAYS, A RECEPTION OFFICE WITH A RESTROOM AND A PRIVATE OFFICE AND BATH ROOM. THERE IS A LARGE ROOM ABOVE THE OFFICES THAT COULD BE CONVERTED INTO LIVING QUARTERS, CURRENTLY BEING USED AS A STORAGE BUILDING. THE PROPERTY HAS AN ANNUAL GROSS INCOME OF APPROXIMATELY $126,000 WITH A NET ANNUAL INCOME OF APPROXIMATELY $111,000.
Off market
$1,438,900
648 Mountain Lake Cutoff Rd, Lake Wales, FL 33859
--beds
0baths
9,800sqft
MultiFamily
Built in 2005
-- sqft lot
$1,438,900 Zestimate®
$147/sqft
$1,160 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Central
Features
- Flooring: Carpet, Concrete
Interior area
- Total interior livable area: 9,800 sqft
Property
Features
- Exterior features: Metal
Lot
- Size: 1.07 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Year built: 2005
Community & neighborhood
Location
- Region: Lake Wales
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,438,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,438,900