Did your stock portfolio get killed in 2022? Yep, mine too. What we should have done is buy a boring cash flowing asset, in a prime location. Something that doesn't have any differed maintenance, a true Class - A rental building. We should have bought this. Every single surface has been touched in this Laurel Park triplex. The roof, the plumbing, the Ac's, full interiors, everything. Interior laundry added for each unit, and each tenant pays their own utilities. It's basically new construction. We have professional management placing annual tenants as we speak (1/20), they can be retained at buyers choice. This can be STR'd if you prefer that path as well. Throw in another 40k or so per year in tax deductible depreciation, this is the one. A true no-brainer. Seller will entertain short term, low rate financing, with a significant amount of money down.
Listing courtesy of COMPASS FLORIDA LLC.
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