4142 My Lady Ln - Apartments FOR SALE
Land O Lakes, FL 34638 |
4142 My Lady Ln
Land O Lakes, FL 34638
HIGHLIGHTS
- Late 1980's Vintage, Concrete Block Construction and Consistently Full with a Waiting List
- Highly Desirable Unit Mix of Nearly 80% Two-Bedroom One-Bath Units
- Huge Value-Add Opportunity as only 7 of 47 Units have been Rehabbed
- Current Average Rents are 25% Below Market
- Most Recent 3 Leases Signed at 15.7% Increases
- Centrally Located in a Rapidly Growing Area of Pasco County and Equidistant Between the Veterans Expressway to the West and I-75 to the East
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
Drexel Court Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
39455
STORIES
2
YEAR BUILT
1988
PARKING SPACES
40
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
13-26-18-0000-04300-0010
