127 E Center Ave, Sebring, FL 33870

$1,250,000

127 East Center Avenue, Sebring, FL 33870

For Sale

Commercial

Active

Last Updated: 11/04/2024

Details:

Cap Rate: 6.9%

NOI: $861,475

Building Size: 7,673 sqft

Occupancy: 875%

Class: B

Units: 8

Lease Type: Single Net

Zoning: C1

Tenancy: Multiple

Investment Strategy: Value Add

Offered by Broker

Eva Kuusmann

Licensed Realtor Accossiate

Virtus Realty Group LLC

#3316192

Request Info to Unlock

Description:

Center Circle of Sebring, FL

5 Store Fronts

2 Year Leases with 15% increases

2 Apartments in the back Leased

Warehouse Owner occupied

2 brand new A/C units

Separate meters for water and electricity

Total Monthly Revenue: $7,895

Value add with warehouse rent and rent increases.