Prime investment opportunity in the heart of Lakeland! This well-maintained retail property at 119 Allamanda Drive offers excellent visibility, steady tenant occupancy, and strong income potential. Featuring 2 established tenants, the building provides consistent rental income with long-term leases already in place. The property is conveniently located just off a high-traffic area, offering easy access for customers and great exposure for businesses. With ample parking, and solid construction, this turn-key commercial property is perfect for investors looking to expand their portfolio or business owners seeking a stable income-producing asset. Don’t miss your chance to own a piece of Lakeland’s thriving retail market!
119 ALLAMANDA DRIVE, Lakeland, FL, 33803
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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