Property Attributes
- MLS#OM660356
- TypePending
- CountyMARION
- CityOCALA
- AreaOcala
- NeighborhoodCollege Park 2Nd Add
- Zip34474
- StyleMulti Family
- Year Built1967
- Taxes$ 7631
- Price$ 959,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage4466
- Lot Size0.44 Acres
Data Source:
Stellar MLS
Property Description
Investment opportunity to acquire an 8 unit apartment complex (all units 1/1), directly across the street from the College of Central Florida. Property is 100% occupied due to extremely high rental demand in this area. This is a value-add opportunity with current rents well below market.
Price History | |
---|---|
6/28/2023 | Listed $995,000 |
11/13/2023 | 4% - $959,000 |
General Features
Interior Features | Other |
---|---|
Sewer | Public Sewer |
Heating | Wall Units / Window Unit |
Cooling | Wall/Window Unit(s) |
Utilities | BB/HS Internet Available,Cable Available,Electricity Connected,Sewer Connected |
Roof | Shingle |
Exterior Features | Other |
Zoning | R3 |
Construction Materials | Block |
Pets Allowed | No |
Year Built | 1967 |
Tenant Pays | Electricity,Sewer,Trash Collection |
Unit Number | All Units |
Property SubType | Multi Family |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Gross Income | 69120 |
County | Marion |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | COLLEGE PARK 2ND ADD |
Garage Y/N | No |
Status | Pending |
Directions | From SR 200 heading SW,take a right onto SW 26th St. Take quick left at three way stop to property on the left. |
ModificationTimestamp | 2024-05-22T15:45:37.090Z |
City | OCALA |
Buyer Agent Compensation | 2.5% |
View Y/N | No |
Senior Community Y/N | No |
NumberOfUnitsTotal | 8 |
MLS Area | 34474 - Ocala |
Lot Size Units | Square Feet |
Lot Size Square Feet | 20086 |
Waterfront Y/N | No |
Carport Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 7631 |
Ok to Lease | 12 Months |
Additional Parcels Y/N | No |
Days on Market | 322 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Pending |
Tax Lot | 10 |
Legal Description | SEC 26 TWP 15 RGE 21 PLAT BOOK H PAGE 036 COLLEGE PARK 2ND ADD BLK J LOT 10 |
Water Access Y/N | No |
Water View Y/N | No |
Flood Zone Code | X |
Interior Features
Flooring | Carpet,Laminate,Tile |
---|---|
Furnished Y/N | Unfurnished |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Total Bedrooms | 8 |
LivingAreaSource | Public Records |
Total Baths | 8 |
Exterior Features
Water Source | Well |
---|---|
Lot Size Area | 20086 |
Foundation Details | Slab |
Number of Buildings | 1 |
Lot Size Acres | 0.44 |
Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool