Building Details:
• Year Built: 1985
4111 Louis Ave is located in Holiday, FL.
Great property, 42,550 =/- SF of leasable space for workshop/storage complex on 2.6199 acres. There are 47 units with many long term tenants. There is a certain percentage of tenants that move in and out constantly.
The cap rate varies between 11.2% and 11.8% depending on the aount of vacancies at the time. This is based on a full price offer. Figures shown for income and expenses are approximate and will very depending on the circumstances at the time. This property has a great track record for renting. At a full price offer this works out to $37.13 per SF.
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- Ed Killmer, agent and Rofo Pro