This property is Off-Market
371 Broad St.
Masaryktown, FL 34604 ·
15 Units · Multifamily For Sale
|No. Units||15||Commission Split||3%|
|Building Size||6,584 SF||Cap Rate||20%|
|Property Type||Multifamily||Gross Rent Multiplier||26|
|Property Sub-type||Garden/Low-Rise||Lot Size||31,200 SF|
|Property Use Type||Investment||APN / Parcel ID||R3622318269002000060|
|Listing ID: 18325195||Date Created: 08/23/2013||Last Updated: 08/03/2014|
LIVE WHERE YOU WORK AND ENJOY PROPERTY INCOME!!!!!!
15 units in 3 buildings approximately 7 miles South of Brooksville in Masaryktown, Hernando County. 14 units are one room efficiencies and 1 unit is a 2 BR., 2 BA. apartment good for rental or for an owner occupied property. Lots of highway frontage and all units are generally furnished for short or longer term stays. The 14 efficiencies are all on the first floor and the 2 BR. apartment is on the 2nd floor. Currently, 15 of the 15 units are leased. The property has had a number of units out of service but all are leasable now and the property has just recently become fully leased. At 100% occupancy, the property is projected to produce monthly revenue of $9,140.00.
From Downtown Brooksville travel South on SR. 41 (Broad Street) approximately 7 miles to Masaryktown....address is 371 Broad St. on the West side of SR. 41.
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