Property
Beds
56
Full Baths
None
1/2 Baths
None
Year Built
1984
Sq.Footage
7,980
The Lakeshore Portfolio, a diverse collection of multifamily properties located in Lake Alfred, Polk County, Florida. This portfolio consists of seven properties situated along Lakeshore Way and David Avenue, comprising a total of 28 units on 2.30 acres, all in adjacent parcels. The properties feature a mix of concrete block and wood-frame construction, each with pitched shingle roofs. The portfolio offers a range of unit configurations, including studios, one-bedroom, two-bedroom, and three-bedroom options, accommodating varied tenant needs. Built between 1920 and 1984, each property maintains its distinct character and quality. Each unit is sub-metered for both electricity and water, with tenants responsible for their own utilities. Water is provided by the city, while each building has its own septic tank system. The Lakeshore Portfolio represents an excellent investment opportunity with stabilized utility management, low-maintenance septic systems, and solid construction across multiple building types and unit configurations. Its diverse unit mix and reliable infrastructure make it a prime acquisition for investors seeking both stability and potential growth in Lake Alfred’s multifamily market.
Features & Amenities
Interior
-
Total Bedrooms
56
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Frame
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.75
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$3,500,000
-
Tax Amount
13319.01
-
Sq. Footage
7, 980
-
Price/SqFt
$438
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
1
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Location
County
Polk
Elementary School
Middle School
High School
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