1421 SW 27th Ave | Ocala, FL 34471
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- LoopNet Team
1421 SW 27th Ave
Ocala, FL 34471
The Morgan at Ocala · Multifamily Property For Sale
·
241 Units
INVESTMENT HIGHLIGHTS
- 241-Unit Value-Add 1990’s Built Community Located in Ocala, FL
- Competitive Advantage with Unique Unit Mix and Oversized Floor Plans
- Ocala is a Major Strategically Located Logistical Hub; Home of the World Equestrian Center
- Significant Capital Expenditure Campaign of ~$3.7 million ($13,580/unit)
- Excellent Value-Add Opportunity with $379/unit Market Rent Premiums
- Positive EGI Growth Momentum and High Sustained Occupancy; Unprecedented Rent Growth
PROPERTY FACTS
| No. Units | 241 | Lot Size | 19.02 AC |
| Property Type | Multifamily | Building Size | 315,646 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1996 |
| Building Class | C | ||
| Zoning | R3 - Residential Multi Family | ||
| No. Units | 241 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 19.02 AC |
| Building Size | 315,646 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Zoning | R3 - Residential Multi Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Dining Room
- Patio
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Clubhouse
- Fitness Center
- Picnic Area
- Playground
- Pool
- Tennis Court
- Basketball Court
- Pet Play Area
- Trash Pickup - Door to Door
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 24 | - | - |
| 3+1 | 1 | - | - |
| 4+2 | 216 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $7,511,123 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,511,123
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