1802 N Alafaya TRAIL, Orlando, FL, 32826 | $4,500,000
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Introducing a highly-profitable and recession-proof business including real estate commercial property offering a unique opportunity to own and operate a thriving CoWorking space, furnished offices rental, and virtual office rentals. This well-maintained property boasts a very high occupancy rate, guaranteeing a steady cash flow for the discerning investor.
The building has been remodeled in 2020 and the co-working space business existed in this building since 2005. New owners and management since 2020. Building is located near Waterford mall, UCF, and east Orlando.
Located in a prime location, this property benefits from a high-demand market and a strong reputation within the industry. With a proven track record of success, the CoWorking space and furnished office rentals have established themselves as a preferred choice for professionals and entrepreneurs seeking a flexible working environment.
The property features state-of-the-art amenities, including modernized common areas, cutting-edge technology infrastructure, meeting rooms, a fully-equipped kitchen, and ample parking space. The CoWorking space offers a collaborative and vibrant atmosphere that fosters creativity and productivity, while the furnished offices provide a private and professional environment for individuals and teams.
In addition, the virtual office rentals cater to those seeking a business address without the need for physical office space. With mail and call handling services, these virtual offices provide a professional image and convenience for remote workers and small businesses.
At a over 9 Cap rate, this property presents an exceptional investment opportunity. The current business model is recession-proof, ensuring stability and long-term profitability. With a strong client base and recurring revenue streams, the potential for growth and expansion is significant.
Don't miss out on this turnkey solution that offers both passive income and the chance to actively engage in a dynamic and ever-growing industry. Whether you are an experienced investor or a newcomer to commercial real estate, this property represents a sound investment with guaranteed returns.
https: //youtu. be/70pBTxH3aMY?si=hccE1UR6mvGwfwFC
Features
- Property Type: Office
- Construction: Block, Cement Siding
- Utilities: Electricity Available, Phone Available, Public, Water Connected
- Garage: Over 30 Spaces
- Levels: 1
- Cooling: Central Air
- Year Built: 2005
- Approx Sq. Feet: 11,546
- Acreage: 1.76
- Est. Taxes: $32,010
- Lot Desc: Retention Pond, Sidewalk
- Pet Policy: No
- Appliances: Dishwasher, Refrigerator
- MLS#: O6139714
- Days on Market: 253 days
- Website: https://www.raveis.com
/prop/O6139714/1802nalafayatrail_orlando_fl?source=qrflyer
Listing courtesy of ORLANDO PRIME REALTY LLC Phone: 407-382-9979
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1802 N Alafaya TRAIL, Orlando, FL, 32826
$4,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
| Monthly Tax Payment | $2,668 | $2,668 | $2,668 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,951 | $23,051 | $31,608 |
| Total Monthly Payment | $26,744 | $25,844 | $34,401 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388