1836 SW 109th Pl - Multi-Family FOR SALE


Ocala, FL 34476
$495,000 USD
352-274-0909
1836 SW 109th Pl, Ocala, FL for Sale
$495,000 USD
Multi-Family - FOR SALE
1/19
null | 7.81% Cap Rate

1836 SW 109th Pl
Ocala, FL 34476


HIGHLIGHTS

  • 7.8% Actual Caprate w/ Professional Management.
  • Near rapidly growing 484 Commerce Area
  • 2024 Roof
  • Separately metered electric

OVERVIEW

Available Now! NEW ROOF AUGUST 2024 and RECENT DRAINFIELD. Professionally managed quadruplex with 7.8% actual capitalization rate, not proforma. This high income producing quadruplex is located in the popular SW area of town. This quadruplex features four 2/1 units. This desirable area of town near the Florida Horse Park, rapidly growing 484 commerce area, and proximity to I-75 create a high and sustainable rental rate. This translates into a very profitable passive income opportunity for any new owner. Each unit is outfitted with its separately metered electric and interior laundry. Overall the high rental rates, 2024 roof, newer drain field, and ease of management make this a very lucrative opportunity. Property is currently professionally managed. T-12 Cash flow statement attached. Please inquire today. See attached Rent Roll and T-12s.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

4

PRICE/UNIT

$123,750

CAP RATE

7.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

R3

APN/PARCEL ID

3577-003-001

ASK ABOUT THIS PROPERTY

Brad BuschBusch Realty & DevelopmentMore Info
352-274-0909

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Brad BuschBusch Realty & DevelopmentMore Info
352-274-0909

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