1302 NE 33rd Ave | Ocala, FL 34470
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- LoopNet Team
1302 NE 33rd Ave
Ocala, FL 34470
Garden Villas · Multifamily Property For Sale · 32 Units
Investment Highlights
- Value Add Opportunity with Gradual Rent Increases at lease renewal or Unit Turns
- Laundry Room On Site
- Capital Improvements of over $150,000 recently completed
- Unit Mix of All 2 Bedroom 1 Bath Units
- Desirable Proforma Cap Rate of 6.50%
- Opportunity Zone 10% Step Up In Basis Still Available until December 31 2021
PROPERTY FACTS
| No. Units | 32 | Building Size | 30,400 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1974 |
| Building Class | C | Parking Ratio | 1.58/1,000 SF |
| Lot Size | 1.51 AC |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.51 AC |
| Building Size | 30,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.58/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Oven
- Tub/Shower
- Walk-In Closets
- Carpet
- Patio
- Vinyl Flooring
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 32 | $950.00 | 950 |
PROPERTY TAXES
| Parcel Number | 26879-001-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,092,816 |
PROPERTY TAXES
Parcel Number
26879-001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,092,816
zoning
| Zoning Code | R3 (R-3 Multi-Family Residential) |
| R3 (R-3 Multi-Family Residential) |
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