94 unit, Garden Style multifamily property located in Ocala, FL. Rental Properties in High Demand: Ocala’s population has increased 27% in the last 10 years (US Census Bureau), creating significant demand for workforce housing rentals. Renovation upside is proven, not speculative: Recently renovated units at Cedarwood already command premiums of $186/unit (studios), $174/unit (one-bedrooms), and $140/unit (two-bedrooms) over unrenovated units. Well Located: Cedarwood is located just feet from Ocala’s main thoroughfare, East Silver Springs Boulevard giving tenants convenient access to local schools, employment and entertainment. Diverse, recession-resistant employer base: Anchored by Marion County Public Schools (6,100+), HCA Florida Ocala Hospital (2,700+), AdventHealth Ocala (2,600+), and the State of Florida (2,600+), alongside major private employers like Walmart, Lockheed Martin, and FedEx Ground. Affordability: Ocala was ranked as recently as 2023 as the #1 most affordable metro in Florida, nearly 12% below the national average making it an attractive option to move to.