1602 South St - Multi-Family FOR SALE


Titusville, FL 32780
$1,350,000 USD
866-468-6487
1602 South St, Titusville, FL for Sale
$1,350,000 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

1602 South St
Titusville, FL 32780


HIGHLIGHTS

  • Concrete Block Construction
  • Pitched Shingle Roofing
  • Tenant Pay All Utilities

OVERVIEW

100Units.com is pleased to present Willow Apartments, a 13-unit multifamily property located in Titusville, Florida. Tenants pay all utilities greatly reducing the operating costs to the investor. The asset consists of a two-story concrete block building with pitched shingle roofing totaling approximately 12,428 square feet. The property features a uniform unit mix of thirteen (13) two-bedroom / one-bath units of about 850sf each. Twelve (12) of the thirteen units have been renovated, including new roofing, paint, and HVAC systems, providing investors with a largely stabilized asset and minimal near-term capital needs. Utilities are separately metered and tenant-paid. Ideally located near US-1 and I-95, Willow Apartments offers convenient access to Kennedy Space Center, downtown Titusville, and major Space Coast employment hubs.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$109 USD /SF

# OF UNITS

13

PRICE/UNIT

$103,846

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willow Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

R3

APN/PARCEL ID

22-35-04-00-00033.0-0000.00

ASK ABOUT THIS PROPERTY

Joe LaFleur100Units.comMore Info
866-468-6487

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Joe LaFleur100Units.comMore Info
866-468-6487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.