Orlando Multifamily Investment
6015 FOREST CITY ROAD Orlando, FL 32810
6015 FOREST CITY ROAD, Orlando, FL, 32810
$1,395,000
For Sale
$1,395,000
Multi-Family 5+ - ORLANDO, FL
Property Size6,174 SF
Lot Size1.09 Acres
Price / SF$225.95
Days on Market184
Property Features for 6015 FOREST CITY ROAD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 15
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Open
- Interior features
- Ninguno, Open Floorplan
- Exterior features
- Lighting
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 33-21-29-0000-00-100
- Size
- 6,174 SF
- Lot size
- 1.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10244.35
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1930
- Number of units
- 12
- Flooring type
- Carpet, Laminate
- Building materials
- Block
- Roof type
- Metal, Shingle
- Architectural style
- Other
Listing Agency
SELECTIVE REALTY GROUP LLC
(407) 627-1727
3801 Avalon Park East Blvd Sui, Orlando, FL
Listed by
Jack Luiz · License #581277
(407) 716-5528
Added: Jan 16 Checked: Jul 19 at 12:06 am
MLS# O6374539
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully rented 12-unit apartment complex in Orlando presents a good investment opportunity with lots of potential. Situated on a 1.09-acre lot, the property offers the possibility of adding a potential 6-8 two-bedroom units. The property contains 6,174 square feet of space. The zoning is R-3. This property is located in Orlando, Florida.
Key Highlights
- Fully rented 12‑unit apartment complex.
- Potential to add 6‑8 two‑bedroom units.
- Located in a popular area of Orlando.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.6k | $25.20 |
| − Vacancy | −$10.1k | −$1.64 |
| EGI | $145.5k | $23.56 |
| − OpEx | −$65.5k | −$10.60 |
| NOI | $80.0k | $12.96 |
6,174 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$1.00M – $1.33M
NOI $80,009 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,220 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Village view apartments
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully rented 12-unit apartment complex with expansion potential in Orlando.
Where is this apartment building located?
The property is located at 6015 FOREST CITY ROAD Orlando, FL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Fully rented 12‑unit apartment complex.; Potential to add 6‑8 two‑bedroom units.; Located in a popular area of Orlando.
