This Property is no longer advertised on Showcase.com.
Off Market
1/25

1421 SW 27th Ave
Ocala, FL 34471


HIGHLIGHTS

  • 241-Unit Value-Add 1990’s Built Community Located in Ocala, FL
  • Significant Capital Expenditure Campaign of ~$3.7 million ($13,580/unit)
  • Competitive Advantage with Unique Unit Mix and Oversized Floor Plans
  • Excellent Value-Add Opportunity with $379/unit Market Rent Premiums
  • Ocala is a Major Strategically Located Logistical Hub; Home of the World Equestrian Center
  • Positive EGI Growth Momentum and High Sustained Occupancy; Unprecedented Rent Growth

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

The Morgan at Ocala

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

315646

STORIES

1

YEAR BUILT

1996

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

23628-000-00,23628-000-02,23628-000-03