3706 Vilabella Dr Sebring, FL 33872

Property Details for 3706 Vilabella Dr

Year built

1980

Property type

Residential income homes

Description

This exceptional investment opportunity presents a six-unit multifamily property located at 3706 Vilabella Dr, Sebring, FL 33872. The property, classified as Class A, consists of six one-bedroom, one-bathroom units, each currently renting for $1,000 per month, resulting in a 100% occupancy rate and a strong Net Operating Income (NOI) of $41,333. The property boasts a 7.25% capitalization rate, offering a compelling return on investment. Built in 1980 and extensively renovated in 2022, the property features a new roof and tasteful interior updates. Each unit includes one parking space and a private patio overlooking a shared pool area. The property is situated within the desirable Sun 'N' Lake community, providing residents access to an array of amenities, including two championship 18-hole golf courses, a racquet club, a pool and fitness center, basketball courts, and a dog park. The community also offers a vibrant community center with numerous resident activities and the 1,350-acre Sun 'N' Lake Preserve for outdoor recreation. This turnkey investment is priced at $570,000, or $95,000 per unit, representing a rare opportunity to acquire a high-performing multifamily asset in a thriving Florida community. The property's strong performance, desirable location, and recent renovations make it an ideal addition to any investment portfolio.