This Multifamily Property is Off-Market.

371 Broad St.
Masaryktown, FL 34604 ·

15 Units · Multifamily For Sale



La Siesta

Price N/A Distressed Yes
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


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.


371 Broad St., Masaryktown, FL 34604

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