813-777-5230
4731-4769 N Pine Hls, Pine Hills, FL for Sale
Apartments - FOR SALE
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4731-4769 N Pine Hls
Pine Hills, FL 32808


HIGHLIGHTS

  • Renovation of 50 units at $10,000 per unit for an additional $100/month rent premium. Ability to add 65 washers/dryers to one & two bedroom units.
  • Ability to push income by charging fees and trash reimbursement, water/sewer reimbursements.
  • Washer/Dryer Hookups currently in all one and two-bedroom floor plans.
  • Since 2021, current ownership has invested over $2M in property improvements
  • Averaged 96.8% historical occupancy
  • Built in 1987 on 4.38 acres, allowing for potential amenity enhancements or future development.

OVERVIEW

he Offering Summary Crest Villas is a 94-unit multifamily property located at 4731 N Pine Hills Rd in Orlando, FL, offering a compelling value-add investment opportunity in a growth-oriented market. Built in 1987 and situated on a large 4.38-acre lot size, the Property maintains a strong average occupancy of 96.8% and presents upside through various operational improvements. Capital improvements include interior renovations, renovated crawl spaces, upgraded dehumidifiers, upgraded AC and heat systems, and more.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

94

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crest Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

PARKING SPACES

70

LAND DETAILS

LAND ACRES

4.38 AC

LAND SF

190,828 SF

ZONING

R-3B/RP

APN/PARCEL ID

06-2229-7059-00-010

ASK ABOUT THIS PROPERTY

813-777-5230

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813-777-5230

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