Southern Pines Apartments-NEW PRICE REDUCTION!
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Ocala, Florida 34471
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Price: $960,000 |
NEW ASKING PRICE $960,000-Owner may consider financing with $300,000 down!!! 27 yearly rental units with renovated office along major highway. Pool and all utilities included in rent. 19 units have been renovated to date. Upgrades in 2009: Total office remolded, new drain fields and septic work, complete exterior painting, tree removal, landscaping, upgrades to plumbing system in many areas. Owners could live on site if desired. EMPLOYEES DO NOT KNOW PROPERTY IS FOR SALE. PLEASE DO NOT VISIT SITE WITHOUT AGENTS APPROVAL. THANKS for your cooperation. Located in Ocala on 441 close to all shopping. B4 zoning. YEAR 2010: Scheduled Gross Income: $217,000 Operating Expenses: $66,972 Net Operating Income: $150,028 Cap Rate: 15.63%
Disclaimer: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Bob Webster or Wm Robert Webster Inc. a real estate corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.
Contact: Bob Webster |



