Fantastic MULTI-FAMILY opportunity for developers and investors! This property is located in the heart of a demanding RENTAL HOT SPOT with STRONG OCCUPANCY history. Property is zoned R3-B and had original plans to build THIRTY-TWO 3 bedroom, 2 1/2 bath, 1686 sq ft "townhomes" with 1 car garages. Avg 'apartment" rental rates in the area are $900 one bedrooms / $1100 two bedrooms / $1200 three bedrooms / $1300 four bedrooms as of Nov 2015. Easy access to major roads, restaurants, shopping, and business district. Minutes from downtown Orlando. Just a bit under 2.5 acres, partially cleared, and LARGE CORNER lot with a study flow of traffic in a very well kept community of residences. Priced to sell, and a motivated seller, makes a great combination for a great investment deal. *property land area and measurements are estimates and should be verified by the buyer*
408 W to S Kirkman Rd Turn right towards W Colonial Dr Turn left onto N Pine Hills Rd Turn right onto North Ln Turn left onto S Lake Orlando Pkwy next roundabout and take the 2nd exit onto Cinderlane Pkwy 5001 CINDERLANE PKWY is on the right.
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