4111 Alabama - Apartments FOR SALE
Homosassa, FL 34446 |
4111 Alabama
Homosassa, FL 34446
HIGHLIGHTS
- 6.50% Trailing Cap Rate with Adjusted Taxes and Insurance
- Well-Built 1980’s Vintage, Single Story Concrete Block Construction with Pitched Roofs and Central HVACs
- Spacious 750 Square Foot, 1-Bedroom Floorplans
- 6 out of 8 Units Have Been Renovated with Stainless Steel Appliances, Upgraded White Cabinets, Vinyl Flooring & More Modern Upgrades & Finishes
- Two New Leases Recently Signed at $1,100/Month; Achieving $50+ Above Existing In-Place Rents, Indicating Upward Rent Momentum
- Nearby Retailers Include Publix, Dollar General, Tractor Supply Co., Winn Dixie, Walmart, Home Depot, & Bealls
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
Alabama Ave Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
5888
STORIES
1
YEAR BUILT
1981
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
17E-19S-22-0030-00000-0020
