Turnkey 6-Unit Multifamily
272 HART LANE Kissimmee, FL 34743
For Sale
$1,585,000
Well-maintained 6-unit multifamily with separately metered utilities and in-unit washer/dryer in each unit.
Property Size6,856 SF
Price / SF$231.18
Days on Market14
Property Features for 272 HART LANE
General Information
Standard status
Active
Size
6,856 SF
Property subtype
Multi-Family 5+
Building Details
Year Built
2018
Listing Agency:
KEY TO FLORIDA REALTY
(239) 776-9260
Listed By:
Rhonda Ryals · License #3387094
Source:
Dennisrealty
Added: Jul 16
Changed: Jul 24
Last Checked: Jul 29 at 5:46AM
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 KEY TO FLORIDA REALTY
Investment Insights
Based on property information with market context.
This well-maintained 6-unit multifamily property offers a turnkey, income-producing setup with 100% occupancy reported at the time of listing. Each unit features three bedrooms and two bathrooms with a living area, breakfast bar, and split-bedroom layout. Flooring is hard-surface throughout, and unit interiors include ceiling fans and hall closets. Kitchens are equipped with a smooth-top range, microwave, refrigerator, dishwasher, and garbage disposal. Each unit also includes an in-unit stackable washer and dryer.
Utilities are separately metered for each unit, with water and electric serviced separately. The property provides ample on-site parking, including designated handicap-accessible spaces, and benefits from street lighting.
All six units share a similar layout, with slight variations that create individuality across the building while maintaining a consistent overall configuration.
Utilities are separately metered for each unit, with water and electric serviced separately. The property provides ample on-site parking, including designated handicap-accessible spaces, and benefits from street lighting.
All six units share a similar layout, with slight variations that create individuality across the building while maintaining a consistent overall configuration.
Key Highlights
- 2018‑built 6‑unit multifamily with 100% occupancy and no vacancies reported at the time of listing
- Each unit has 3BR/2BA layout with hard‑surface flooring throughout (no carpet) and a split‑bedroom design
- Kitchens include smooth‑top range, microwave, refrigerator, dishwasher, and garbage disposal
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 | $125.9k | $18.36 |
| − Vacancy | −$7.8k | −$1.14 |
| EGI | $118.1k | $17.22 |
| − OpEx | −$53.1k | −$7.75 |
| NOI | $64.9k | $9.47 |
6,856 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$927.7K
$811.8K – $1.08M
NOI $64,940 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,329 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 6-unit multifamily with separately metered utilities and in-unit washer/dryer in each unit.
Where is this apartment building located?
The property is located at 272 HART LANE Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: 2018‑built 6‑unit multifamily with 100% occupancy and no vacancies reported at the time of listing; Each unit has 3BR/2BA layout with hard‑surface flooring throughout (no carpet) and a split‑bedroom design; Kitchens include smooth‑top range, microwave, refrigerator, dishwasher, and garbage disposal
