371 Broad St., Masaryktown, FL, 34604 - Available for Sale

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La Siesta

371 Broad St., Masaryktown, FL 34604


15 Units | Multifamily

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Front of property facing SR. 41 (Broad Street)

Multifamily Property For Sale Get Financing

No. Units:
Building Size:
6,584 SF
Property Type:
Property Sub-type:
Property Use Type:
Commission Split:
Cap Rate:
Gross Rent Multiplier:
Lot Size:
31,200 SF
APN / Parcel ID:
Listing ID
Last Updated
18 days ago

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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.

Map of 371 Broad St., Masaryktown, FL 34604 (Hernando County)

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Presented by Stillwater Companies Realty, LLC
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Jerome Stewart
Jerome Stewart

Owner and Licensed Real Estate Broker for Stillwater Companies Realty, LLC and Licensed General Contractor

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License #BK3228460

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Created 8/23/2013
La Siesta
  • Multifamily
  • $230,000
  • 15 Units
  • 6,584 SF