8570 W Mayo Dr | Crystal River, FL 34429
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8570 W Mayo Dr
Crystal River, FL 34429
Lost Lake Apartments · Multifamily Property For Sale · 10 Units
Executive Summary
Rarely available 10-unit apartment building with excellent income potential located close to the highly desirable Crystal River Preserve State Park. The property is comprised of 6 - I bedroom and 4 - 2 bedroom apartments. Offered separately or combined as a 32 unit package along with 8590 W. Mayo (10 units) and 8710 W. Mayo (12 units). Sold AS-IS. No survey. Buyer must take subject to any violations and/or municipal requirements.
PROPERTY FACTS
| Price Per Unit | $115,000 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.34% | Lot Size | 0.83 AC |
| Sale Conditions | Bulk/Portfolio Sale | Building Size | 10,848 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment | Parking Ratio | 1.57/1,000 SF |
| Price Per Unit | $115,000 |
| Sale Type | Investment |
| Cap Rate | 7.34% |
| Sale Conditions | Bulk/Portfolio Sale |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 10,848 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1.57/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
- Granite Countertops
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 500 |
| 2+1 | 4 | - | 700 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $715,410 | |
| Land Assessment | $160,000 | Total Assessment | $875,410 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$160,000
Improvements Assessment
$715,410
Total Assessment
$875,410
zoning
| Zoning Code | RUR |
| RUR |
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