8400 N Desertrose Ter | Crystal River, FL 34428
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
8400 N Desertrose Ter
Crystal River, FL 34428
THE DESERTROSE APARTMENTS FOR SALE! · Multifamily Property For Sale · 9 Units
Investment Highlights
- 9-UNIT APARTMENT COMPLEX LOCATED IN BEAUTIFUL CRYSTAL RIVER, FL! (SELLER FINANCING AVAILABLE!)
- APPROXIMATE SELLER FINANCING TERMS ARE AS FOLLOWS: $400,000 DOWN, 4.0% FIXED IR, INTEREST-ONLY PAYMENTS, 5-YEAR BALLOON!
- CURRENT RENTAL RATES ARE APPROXIMATELY $200-$300 BELOW THE AVERAGE MARKET RENTAL RATES!
- 9% CAP RATE AND 15% CASH-ON-CASH RETURN IN 2022!
- EXTREMELY LOW RENTAL RATES, GIVING THE BUYER MASSIVE UPSIDE!
- JUST RAISING THE RENTAL RATES TO THE MARKET AVERAGE WILL ALLOW A BUYER TO OBTAIN A CAP RATE OF OVER 9.5% AND A CASH-ON-CASH RETURN OF OVER 18%!
PROPERTY FACTS
| No. Units | 9 | Building Size | 7,440 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1984/2021 |
| Building Class | C | Parking Ratio | 2.96/1,000 SF |
| Lot Size | 1.65 AC |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.65 AC |
| Building Size | 7,440 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2021 |
| Parking Ratio | 2.96/1,000 SF |
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Wi-Fi
- Built-In Bookshelves
- Dining Room
- Family Room
- Freezer
- Instant Hot Water
- Pantry
- Porch
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
- Recycling
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 3 | - | - |
| 2+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $183,250 | |
| Land Assessment | $9,740 | Total Assessment | $522,902 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,740
Improvements Assessment
$183,250
Total Assessment
$522,902
zoning
| Zoning Code | Multifamily (MF) |
| Multifamily (MF) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
