2045 3rd Ave - Apartments FOR SALE
Sneads, FL 32460 |
2045 3rd Ave
Sneads, FL 32460
HIGHLIGHTS
- STARTING BID $750,000 | 76-Unit LIHTC Community in Florida | 71% Occupied | AUCTION OCTOBER 28-30, 2024
- 76-Unit Age Restricted LIHTC Apartment Building with Direct Proximity to US-90 in North Florida??????
- ±71% Occupied | Value-Add Opportunity to Increase Rents to Max Allowable as Leases Turn
- Current Rents are More than $200 Below Max Allowable Rents
- 2024 Capital Improvements include Common Area Wainscot, Flooring, Paint, and Several Unit Renovations | Roof Replaced in Last 5 Years
- Building Amenities include Clubhouse, Common Area Bathrooms, Four Laundry Facilities, Library, Gym, Elevator, Community Kitchen, and Indoor Pool
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Auction - Hatton House Apts | 76-Unit LIHTC
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
52200
STORIES
2
YEAR BUILT
2001
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
27-4N-07-0000-0040-0030
