This is a great opportunity to own warehouses on a large lot in the Kissimmee area. The property includes two warehouses, one used as an office for wholesaling product and the other used as storage. Both warehouses have their own entrances and parking. The third building on the property is a small home that has been converted into additional storage space. There is also an adjacent lot that is also for sale for $500, 000. That lot has a 4 bedroom 2 bath home on that has a lease @ $1900 Per month. If both purchased together, the total package provides high traffic access off of 192 and multiple restaurants and businesses nearby.
Located in Kissimmee, Florida, this high-traffic area has multiple restaurants and businesses nearby. The property is also located near Kissimmee Gateway Airport and just off of 192, which runs along the western edge of Orlando.
Land can be repurposed or redeveloped. More space for warehouse expansion. Land can also be used to park semis.
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$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $772 | $772 | $772 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,684 | $10,536 |
Total Monthly Payment | $8,581 | $8,581 | $11,433 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.