436 E Park Ave Lake Wales, FL 33853

IT’S ALL ABOUT THE LOCATION! We are pleased to present this phenomenal investment opportunity to acquire The Court of Seven Chimneys Apartments. This unique and fully rented apartment complex comprises 21 apartments, court yard, laundry facility and a parking lot. There are 20 Studio Apts. with original hardwood flooring, coved ceilings, picture rail molding, Murphy Beds, fireplaces (nonworking), separate eat-in kitchens, closet/storage area and French doors to front & back screen rooms. A spacious loft apartment is above the rotunda entry into the court yard, it is flanked by the dual wings of the building. The Loft apartment allows for formal living area adorned with wood floor, window seats, fireplace, walk-in closet, full bath and circular stairs to an upstairs bedroom with large area, ideal for sitting area and storage. These delightful dwellings offer abundant natural light, elegant details while still serving renters and providing comfortable living quarters. This beloved 1925 building stands across from the Crystal Lake Park offering scenic views of the lake, garden paths, picnic areas and playground. Pathways lead across Lakeshore Blvd. to the city park on Lake Wailes that has paved & lighted trail circling the lake and a large covered pier to enjoy, a public boat ramp is nearby. Additionally, this in-town location is within walking/biking/scootering to the downtown Historic District, library, churches, restaurants, and shops. This multi-unit complex is ideal for Investors, Vacation Rental Operator for short-term destination retreat, long-term renters or winter residents. Seller will entertain a combined purchase with 10-unit complex just minutes away, The Grand Floridian at, 241 E Seminole Ave. ***NO OWNER FINANCING***