Three Triplex Investment
4106 Willow South Drive Mulberry, FL 33860
4106 Willow South Drive, Mulberry, FL, 33860
$1,200,000
For Sale
$1,200,000
For sale package of three triplexes totaling nine units, currently 100% occupied.
Property Size6,096 SF
Price / SF$196.85
Days on Market25
Property Features for 4106 Willow South Drive
General Information
- Standard status
- Active
- Size
- 6,096 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1980
Listing agency
SOUTHERN BELLE REALTY
(863) 299-7800
Listed by
Reta Stead · License #681291
Source
Xome
Added: Jun 28 Updated: Jul 22 at 3:37AM Checked: Jul 22 at 3:37AM
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 SOUTHERN BELLE REALTY
Investment Insights
Based on property information with market context.
This offering includes three triplex properties with a total of nine residential units. The unit mix spans multiple configurations, including 1-bedroom/1-bath and 2-bedroom/1-bath layouts, as described for 4106 Willow South Drive, 4116 Willow South Drive, and 3090 W Willow.
The properties are located at 4106 Willow South Drive, Mulberry, FL 33860, with the remaining triplex addresses included in the provided unit descriptions.
According to the seller’s remarks, the triplex portfolio is 100% occupied, providing an opportunity for an investor seeking long-term rental occupancy with existing tenancy.
The properties are located at 4106 Willow South Drive, Mulberry, FL 33860, with the remaining triplex addresses included in the provided unit descriptions.
According to the seller’s remarks, the triplex portfolio is 100% occupied, providing an opportunity for an investor seeking long-term rental occupancy with existing tenancy.
Key Highlights
- For sale package of three triplexes totaling nine units (100% occupied).
- Triplex unit mix includes 1‑bed and 2‑bed layouts across the 3 addresses listed.
- Cooling: central air.
Local Financial Insights For Multifamily LT 5
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 | $98.8k | $16.20 |
| − Vacancy | −$6.4k | −$1.05 |
| EGI | $92.3k | $15.15 |
| − OpEx | −$27.7k | −$4.54 |
| NOI | $64.6k | $10.60 |
6,096 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$923.4K
$807.9K – $1.08M
NOI $64,635 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$824.9K
$721.8K – $962.4K
NOI $57,741 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,544 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - For sale package of three triplexes totaling nine units, currently 100% occupied.
Where is this triplex located?
The property is located at 4106 Willow South Drive Mulberry, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: For sale package of three triplexes totaling nine units (100% occupied).; Triplex unit mix includes 1‑bed and 2‑bed layouts across the 3 addresses listed.; Cooling: central air.
