$1,600,000 • living size area 41137 sqft

Short sale reduced for quick sale! investors look. income potential! massive apartment complex, vacant and ready for remodel. built in 1988, newell hill villas consists of 12 apartment buildings and office situated on a hillside of almost 5 acres. the apartments are comprised of 48 units: town homes and studios. unit mix 1, 2 & 3 bedrooms; 48 units=(4) 3 br, (32) 2 br (2 for handicap) and (12) 1 br) with separate electric/h2o meters. additional, on-site office building includes laundry, mail boxes and maintenance areas. majestic oaks frame the landscape and provide shade for the site. so much potential here and extraordinary opportunity for investors! property has benefited from exemption savings. buy today, renovate and rent. property sold “as is.” roofs are newer (2000) and most units have basic appliances. any information contained herein critical to the buyer's decision to purchase must be verified by the buyers. must see asap as it’s one-of-a-kind and there’s no other apartment property in central fl as large, on the market at this time. nice location, close to downtown historic leesburg, hospital and shopping yet, residential feel to property. single family homes in community across the street. conveniently located just off us-441, minutes from healthcare, schools, shopping and dining with easy access to i-75. pof required with offer. as is, buyer may inspect & verify all info.

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