Kissimmee Townhomes: Investment
1800 Bassinger Street Kissimmee, FL 34741
1800 Bassinger Street, Kissimmee, FL, 34741
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For Sale
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Ten-unit apartment complex in Kissimmee, Florida, built in 2009.
Property Size16,660 SF
Price / SF$138.96
Days on Market54
Property Features for 1800 Bassinger Street
General Information
- Standard status
- Active
- Size
- 16,660 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2009
Listing Agency
Dalan Realty LLC
Listed by
Damian Nusynkier · License #BK3126276
Source
Crexi
Added: May 26 Checked: Jul 15 at 9:05 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dalan Realty LLC
Investment Insights
Based on property information with market context.
This ten-unit apartment complex, constructed in 2009, is located in Kissimmee, Florida. Each unit features 3 bedrooms and 2.5 bathrooms. The property includes central AC and smoke alarms in every unit. The property size is 16,660 square feet. The average rent is $1,700 per unit.
Key Highlights
- 10‑unit apartment complex offering a strong investment opportunity.
- Located in the thriving rental market of Kissimmee, Florida.
- Built in 2009, indicating relatively modern construction.
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 | $305.9k | $18.36 |
| − Vacancy | −$19.0k | −$1.14 |
| EGI | $286.9k | $17.22 |
| − OpEx | −$129.1k | −$7.75 |
| NOI | $157.8k | $9.47 |
16,660 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.25M
$1.97M – $2.63M
NOI $157,802 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.00M
$3.50M – $4.67M
NOI $280,248 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Ten-unit apartment complex in Kissimmee, Florida, built in 2009.
Where is this apartment building located?
The property is located at 1800 Bassinger Street Kissimmee, FL.
What is the asking price?
The asking price for this property is $2,315,000.
What are key features of this property?
This property features: 10‑unit apartment complex offering a strong investment opportunity.; Located in the thriving rental market of Kissimmee, Florida.; Built in 2009, indicating relatively modern construction.
