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40 Unit Apartment Complex

830 NE 28th Street, Ocala, Florida 34470
Sold: $1,175,000
40 Unit Apartment Complex

Property Details

Property Type
Residential
Building Type
Freestanding
Building Size
38,360 sqft
Land Size
2.58 acres
Units
40
Zoning
B2
Year Built
2006

Property Description

Twin Oaks Apartments.  Forty-2/2 apartments.  All units have range, refrigerator, dishwasher and washer/dryer hook ups.  The property is in very good condition and has been well maintained.  Gross operating income $271,200 (Based on a monthly rent of $565/unit).  Operating expenses $94,491 which are very close to actual.  The property is in receivership, contract is subject to court approval. 

Location