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Multi Family 48 bedrooms - I AND P APARTMENTS for Sale

SW, OCALA, FL 34471

Asking Price$2,995,000

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  • Days on market:

    196 day(s)
  • Original Price:

    $2,995,000
  • Price per sqft:

    $171.97
  • Tax Legal Description:

    SEC 13 TWP 15 RGE 21 S 1/4 OF SE 1/4 OF SE 1/4 EXC E 666.83 FT & EXC RD ROW & EXC N 50 FT OF S 190 FT OF S 1/2 OF SE 1/4 OF SE 1/4 LESS E 666.83 & LESS W 30 FT THAT PORTION OF W 1/2 OF ABROGATED SW 17TH AVE (PLATTED 25TH ST) PER RES 2000-109 DESC AS FOLLOWS: W 30 FT OF E 666.83 FT OF S 1/4 OF SE 1/4 OF SE 1/4 OF SEC 13.
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Carport Spaces:

    20
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    Block
  • Roof:

    Metal
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall Furnace
  • Interior Features:

    Other
  • Exterior Features:

    Other
  • Special Listing Conditions:

    None

Description

$2,995,000 • bedroom(s) • living size area 17416 sqft

24-unit multi-family portfolio (12 duplexes) all on one 3.89 acre parcel, located within minutes to downtown ocala. these units all consist of 2-bedroom 1-bath units, and are currently 100% occupied, providing immediate cash flow to new owners. all 12 buildings have newer metal roofs, installed in 2019, and have seen various upgrades, and renovations over the last few years. there is immediate opportunity for rental increases with current rents well below market.

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