$2,990,000

6100 Lake Ellenor Dr

ORLANDO FL, 32809

Description

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. Dont 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 operatorHalf 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)

Details

MLS#O5902262
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1975
Days On Site27

Features

SQ Feet38,420
ZoningI-2/I-3
Acreage3.15
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Area Information
StateFL
CountyOrange
CityORLANDO
Zip Code32809
Area32809 - OrlandoPinecastleOakridge Edgewood
Listing VS Median (in 32809)
Price:
$2,990,000
low | high
Med:
$227,450
100% of Average
SqFt:
38,420
low | high
Med:
1,800
100% of Average
$ / SqFt:
$78
low | high
Med:
$128
13.861540027202% of Average
On Site:
27
low | high
Med:
64.500000
41.860465116279% of Average
Listing Updated: November 2, 2020 3:13:36 AM PST
Amy Fouraker LogoMLS Number: O5902262
Listing Provided By:
Amy Fouraker  of  4 ACRE REALTY LLC

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