1. Prepared By : Moshe Shefi
Date : 03/02/16
Moshe Shefi
Office :407-440-4032
Mobile:407-279-1910
4065 & 4073 Minoso Street Orlando Florida
FOR SALE
2. This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further
interest into the acquisition of the Subject Property.
This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of state of affairs of
the Owner or the Property, to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate
our chase of real property.
All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the
general economy, market conditions, competition, and other factors beyond the control of the Owner or Bristol Real Estate. Therefore, all
projections, assumptions, and other information provided and made herein are subject to material variation. All references to acreages,
square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made
available to all interested and qualified prospective purchasers. Neither the Owner or Bristol Real Estate. , nor any of their respective
directors, officers, affiliates or representatives are making any representation or warranty, expressed or implied, as to the accuracy or
completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this
Memorandum or use of its contents; and you are to rely solely on your own investigations and inspections of the Property in evaluating a
possible purchase of the real property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of
interest or offers to purchase Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a
result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or
making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed,
delivered, and approved by the Owner and any obligations therein have been satisfied or waived. By receipt of the
Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it
in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written
authorization of the Owner or the Bristol Real Estate. Furthermore, you agree not to use this Memorandum or any of its contents in a manner
detrimental to the interest of the Owner or Bristol Real Estate.In this Memorandum, certain documents, including leases and other materials,
are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements
referenced. Interested parties are so advised and expected to review all such summaries and other documents of whatever nature
independently and not to rely on the contents of this Memorandum in any manner.
4. Charming Two Duplexes with two 2BR/1BA each, Completely Renovated with ceramic tile floor throughout, New appliances
including New Water Heaters. Separate room with W/D hookup available. They are situated on a large fenced lot. All units
are rented and generating Income from first day of renovation.
Excellent opportunity to own this Investment Property.
Location:
Property is centrally located and just 2 minutes drive from I-4, Approximately 10 minutes from downtown, 8 minutes to
Millennia mall ,18 minutes to Disney ,10 minutes To SeaWorld, Universal Studios and other attractions.
Price: 244,900$
No. Units: 4
Building Size: 2,715 SF
Rentable Area: 2,464 SF
Property Type: Multifamily
Property Sub-type: Duplex/Triplex/Fourplex
Property Use Type: Investment
Cap Rate: 10.14%
No. Stories: 1
Year Built: 1963
Lot Size: 13,521 SF
Construction: Concert /Block
5.
6.
7. Unit Des. Tenant’s
Name
Lease
Started
Lease
Ends
Monthly
Rent
Annual
4065 Minoso st 2 Bed ,
1 Bath
Kenneth
Withe
01/01/16 12/31/16 $650 $7,800
4067 Minoso st 2 Bed,
1 Bath
Lakisha
Anderson
01/01/16 12/31/16 $649 $7,788
4071 Minoso st 2 Bed ,
1 Bath
Charity Tate 12/19/15 11/30/16 $649 $7,788
4073 Minoso St 2 Bed ,
1 Bath
Gregory Horn 01/16/15 12/31/16 $650 $7,800
Total $2,598 $31,176
Purchase Price $244,900
Gross Income $31,176
Property Tax 2015 ($1,602)
Insurance ($1,364)
Maintenance ($1,800)
Total Expenses $4,766
NOI $26,410
Cap Rate 10.78%
