Historical Multifamily Sale Listing - La Siesta

Multifamily For Sale

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La Siesta

371 Broad St., Masaryktown, FL 34604

N/A

15 Units | Multifamily

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Front of property facing SR. 41 (Broad Street)

Multifamily Property - Off Market

Price:
N/A
No. Units:
15
Building Size:
6,584 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Commission Split:
3%
Cap Rate:
20%
Gross Rent Multiplier:
26
Lot Size:
31,200 SF
APN / Parcel ID:
R3622318269002000060
Listing ID
18325195
Last Updated
87 days ago

Description

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.

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

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