Winter Haven Quadplex - 7.34 Cap

Known as the "Chain of Lakes" city, Winter Haven is dotted with palm trees and beautiful lakes on the east side of Lakeland, halfway between Tampa and Orlando. Directly between two of Florida's most popular cities, Winter Haven provides a perfect setting for families while still being in close proximity to popular destinations. Nestled perfectly in nature, this newly renovated quadplex is within walking distance to Lake Martha, Lake Elbert, and Winter Haven's Rotary Park. Tenants can walk across the park to enjoy an extensive horseshoe area, open green spaces, a skate course, softball field, restrooms & shaded picnic areas.Add to your investment portfolio with this recently renovated quadplex in the "Chain of Lakes" city of Winter Haven. This newly renovated quadplex contains 4 studio units at 600 SF per unit. Recent renovations include new appliances, windows, and doors, freshly painted rooms and bathroom renovations, a new roof installed in 2023, and window AC units installed in each unit. The owner has also installed a new lift station (sewer waste collection system) in June 2023. Located just North of E Central Ave, the property is nestled in nature, with Lake Elbert, Lake Martha, and Rotary Park all within walking distance, creating a serene and picturesque neighborhood. This is a unique opportunity to capture a newly renovated multi-unit complex near the City of Winter Haven's Rotary Park. With a 7% Cap Rate, you can expect quality return on your investment. Contact Lance Cobb at 941-356-4781 for details.