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2731 NE 3rd St
Ocala, FL 34470
24 Units Ocala - Cypress Villas · Multifamily Property For Sale
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24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 1.79 AC |
| Property Type | Multifamily | Building Size | 18,240 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1980/2018 |
| Building Class | C | ||
| Zoning | R3 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.79 AC |
| Building Size | 18,240 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2018 |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Individual Leases Available
ABOUT 2731 NE 3RD ST , OCALA, FL 34470
Cypress Villas has been extensively remodeled and updated inside and out for the investor looking for a long term worry-free cash flow. Roofs replaced in 2009, several HVAC units updated, nearly all water heaters new, new exterior paint two years ago, and 21 of 24 units with substantial interior renovations will be completed by closing, including flooring, kitchens, bathrooms, lighting fixtures, and appliances. Renovated units are getting $625/month for one bedrooms and $725/month for two bedrooms. The property is located on the eastern portion of Ocala right near the Ocala Golf Club, the public library, Publix, the Marion County Museum of History, as well as plenty of shopping and eateries. This is a 1980 built, concrete block, single story project with twelve 1BR/1BA units (585 SF +/-) and twelve 2BR/1BA units (875 SF +/-). The project sits on two different parcels within walking distance of each other. There are washers and dryers in the 2 BR units.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $625.00 | 585 |
| 2+1 | 12 | $725.00 | 875 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,301,035 |
PROPERTY TAXES
