100 N Dewey St | Eustis, FL 32726
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- LoopNet Team
100 N Dewey St
Eustis, FL 32726
100North Apartments · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Spacious units at just under 1,000 square foot per unit
- Opportunity to increase NOI 45% by bringing rents up to pro-forma projections with minimal capital infusion needed
- Future job growth over the next ten years is projected to be 51.2%, which is higher than the U.S. average of 33.5% (www.bestplaces.net)
- One unit is fully furnished and is commanding rent premiums $357 over the average in-place rents
- Eustis, FL has an unemployment rate of 5.3% which is 0.7% lower than the national average of 6%
- Employment in Eustis grew at a rate of 12.9% from 2021-2022, increasing from 9.95k employees to 11.2k employees (www.datausa.io)
PROPERTY FACTS
| No. Units | 20 | Lot Size | 0.85 AC |
| Property Type | Multifamily | Building Size | 21,221 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2022 |
| Building Class | B | ||
| Zoning | CBD - Central Business District | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.85 AC |
| Building Size | 21,221 SF |
| No. Stories | 5 |
| Year Built | 2022 |
| Zoning | CBD - Central Business District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1.5 | 20 | - | 997 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,962,080 | |
| Land Assessment | $379,394 | Total Assessment | $3,341,474 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$379,394
Improvements Assessment
$2,962,080
Total Assessment
$3,341,474
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