1602 CRYSTAL GROVE CIRCLE

LAKELAND, FL, 33801

$6,900,000

$211 per ft²
$6,900,000
$211 per ft²
Active
Active
 - For Sale
carpenters-square
32,558 ft²
property_type
Multi-family
calendar
Built 1985
Super community of separately deeded quadplexes. Low maintenance, 100% rented. 40 units in total with (20) 2/1's, (16) 1/1's and (4) 2/2's. Solid block construction and tile floors provide for easy maintenance and low operating expenses. Many units have been recently remodeled with tile floors, cabinets and fixtures. Sold together as 40 units, history of strong cash flow with strong occupancy, with an opportunity for rental increase. Offered at a pro forma 7% cap rate.
MLS® ID:
G5047511
Listed:
10/5/21
Updated:
9/26/22

Interior Features

Kitchen Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Interior Features
Thermostat
Floor Description
Tile
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
2.84 acres lot
Exterior Features
Sidewalk
Lot Details
City Limits, Level, Sidewalk, Paved
Roof
Shingle
Sewer
Public Sewer

Other Property Details

Area Name
33801 - Lakeland
Taxes
$2974.28
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Polk
Utilities
Electricity Connected, Sewer Connected, Water Connected
Water Source
Public
Pool
No
Zoning
PUD

Property History

Date
Event
Price
Value
4/28/22
Price Change
$6,900,000
-9%

Courtesy of LIST NOW REALTY, LLC

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Data last updated 9/26/22, 11:09 PM UTC

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