327 Ronald Reagan Blvd Longwood, FL 32750
- Office space
Current Use by Public Records
- Office space
Property Details for 327 Ronald Reagan Blvd
- Property type
- Office space
Description
This exceptional investment opportunity presents a stabilized, multi-tenant creative office building in Longwood, Florida. Located at 327 S Ronald Reagan Blvd, 32750, this single-story, Class C building boasts 100% occupancy since its conversion into office suites in 2021. The property features five individual units, each currently leased for $900 per month, generating a total monthly income of $4,500. The tenant mix includes four licensed massage therapists and one professional office tenant. Each suite is equipped with a private bathroom and kitchenette, providing convenience and functionality for its occupants. The building's strong performance is reflected in its impressive 9.60% capitalization rate and a Net Operating Income (NOI) of $42,435. The asking price for this turnkey investment is $442,000. This is a gross lease property, simplifying management and maximizing returns. The property is offered for sale by owner, presenting a direct and efficient transaction process. This is an ideal opportunity for investors seeking a stable, high-yielding asset in a desirable Florida location. The property's strong tenant base and consistent income stream make it a compelling investment prospect. The recent renovations (2021) ensure the building is well-maintained and ready for immediate income generation. Don't miss this chance to acquire a profitable and low-maintenance investment property.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Longwood
- County
- Seminole
- State
- Florida
- Longitude
- -81.345879
- Latitude
- 28.6947704