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6100 LAKE ELLENOR DR

Commercial Recently Sold
$2,450,000

BTC: 40.29538988

ETH: 726.06576081

Sold on: 2021-05-03
187 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

We are pleased to bring to market 6100 Lake Ellenor, a rare add-value opportunity. The building is a 38,420 square foot office building located in the Orlando Central Park submarket which is home to 23,000 employees and local businesses. The property currently has 30.67% vacancy and features a mixture of small and large tenants allowing an owner to have stabilized cash-flow, as well as, opportunity to push rents on the small spaces. The property's current cap rate is 6.18% and new ownership has the immediate ability to grow it by 9.62% bringing the property to a potential 15.8% cap rate. Don’t miss this opportunity, call for details. Price Reduced - Motivated Seller! • Value-Add Opportunity • 30.67% Vacancy • Grow the cap by 9.62% immediately • Strong growth market • Small & large office suites • Great for investment & owner operator •Half mile from the future UCF South Orlando Campus • 23,000 employees in the immediate area • Abundant Parking • Quick access to major highways (I-4 & 528)

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1975
Lot:
3.15 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Property

    • Levels: Two

    Lot

    • Lot: 3.15 Acres

    Other Property Information

    • Parcel Number: 222329634802010

    • Zoning: I-2/I-3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $33,646

  • Source details

    • MLS ID: O5902262

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: 4 ACRE REALTY LLC