I AND P APARTMENTS, OCALA, FL, 34471
$2,995,000
Residential Income
|
Bedrooms
48
|
Bathrooms
24
|
Living Area
17,416 Sqft
|
Lot Size
169,448 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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFROM682309 | Year Built: | 1971 | |
| Construction Materials: | Block | Cooling: | Wall/Window Unit(s) | |
| Country: | US | Exterior Features: | Other | |
| Financial Data Source: | Owner | Foundation Details: | Slab | |
| Heating: | Wall Furnance | Laundry Features: | Other | |
| Lease Term: | Twelve Months | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Occupant Type: | Tenant | |
| Pets Allowed: | No | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Metal | Sewer: | Public Sewer | |
| Showing Requirements: | See Remarks | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity, Sewer, Trash Collection, Water | Utilities: | Electricity Connected, Sewer Connected, Water Connected | |
| Water Source: | Public | |||
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