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$7,600,000
51 Days Online

1602 Crystal Grove Circle
Lakeland, FL 33801

For Sale|Multi-Family|Active
Subdivision:
Crystal Grove
County:
Polk, FL

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Call Now: (727) 510-8613
Is this the home for you? We can help make it yours.
(727) 510-8613
1602 Crystal Grove Circle1602 Crystal Grove Circle1602 Crystal Grove Circle1602 Crystal Grove Circle
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Super community of separately deeded quadplexes. Low maintenance, 100% rented. 40 units in total with (18) 2/1's, (18) 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 4.8% cap rate.

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Listing Snapshot
Price 
$7,600,000
Days Online 
51 Days
Bedrooms 
N/A
Inside Area (SqFt) 
32,558 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.84 Acres
Year Built 
1985
MLS Number 
G5047511
Status 
Active
Property Tax 
$23,657
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Listing Terms 
CashConventionalOther
Foundation 
Slab
Garage 
No
Levels 
One
Zoning 
PUD
Sewer 
Public Sewer
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water 
Public
Annual Net Income 
361920.0
Interior Features
Appliances 
DishwasherElectric Water HeaterMicrowaveRangeRefrigerator
Cooling 
Central Air
Heating 
Central
Fireplace 
No
Interior 
Thermostat
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Exterior Features
Exterior 
Sidewalk
Roof 
Shingle
Pool 
No
Waterfront 
No
Lot Features 
In City LimitsLevel/FlatSidewalkStreet Paved
Community Features
Senior Community 
No
Listing courtesy of LIST NOW REALTY, LLC



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Data last updated at: 2021-11-28 12:30 AM EST

Neighborhood & Commute
Source: Walkscore
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