1140 S Parramore Ave | Orlando, FL 32805
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This Multifamily Property is no longer advertised on LoopNet.com.
1140 S Parramore Ave
Orlando, FL 32805
Town Oaks Apartments Redevelopment Site · Multifamily Property For Sale
·
8 Units

INVESTMENT HIGHLIGHTS
- Current Zoning Allows For up to 21 units Per Acre (60 Units Total) – 40 Ft Max Height, 70 Percent Impervious Coverage
- Potential for $1,100 Rent Per Unit On Existing 8 Units, $105,600 in Potential Annual Income
- Property Located Near Downtown Orlando, Amway Center, and National Retailers Like Chipotle, Target and Publix
- Multiple Value-Add Opportunities Including Stabilization of Current Property and Development of Additional Units
- Property is in an Opportunity Zone - See Agent for Details
PROPERTY FACTS
| No. Units | 8 | Construction Status | Demolished |
| Property Type | Multifamily | Building Size | 7,448 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 2.69/1,000 SF |
| Lot Size | 2.88 AC | ||
| Zoning | 1-R3B/T, County | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.88 AC |
| Construction Status | Demolished |
| Building Size | 7,448 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.69/1,000 SF |
| Zoning | 1-R3B/T, County |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
LINKS
PROPERTY TAXES
| Parcel Number | 35-2229-9651-00-010 | Improvements Assessment | $0 |
| Land Assessment | $1,278,000 | Total Assessment | $1,278,000 |
PROPERTY TAXES
Parcel Number
35-2229-9651-00-010
Land Assessment
$1,278,000
Improvements Assessment
$0
Total Assessment
$1,278,000
Listing ID: 27163178
Date on Market: 11/21/2022
Last Updated:
Address: 1140 S Parramore Ave, Orlando, FL 32805
The Rio Grand Multifamily Property at 1140 S Parramore Ave, Orlando, FL 32805 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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