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1602 South St - Willow Apartments 13 Unit Apartment Building Offered at $1,350,000 Titusville, FL 32780
Investment Highlights
- Concrete Block Construction
- Tenant Pay All Utilities
- Pitched Shingle Roofing
Executive Summary
100Units.com is pleased to present Willow Apartments, a 13-unit multifamily property located in Titusville, Florida. Tenants pay all utilities greatly reducing the
operating costs to the investor. The asset consists of a two-story concrete block building with pitched shingle roofing totaling approximately 12,428 square feet.
The property features a uniform unit mix of thirteen (13) two-bedroom / one-bath units of about 850sf each. Twelve (12) of the thirteen units have been renovated, including new roofing, paint, and HVAC systems, providing investors with a largely stabilized asset and minimal near-term capital needs. Utilities are separately metered and tenant-paid.
Ideally located near US-1 and I-95, Willow Apartments offers convenient access to Kennedy Space Center, downtown Titusville, and major Space Coast employment hubs.
operating costs to the investor. The asset consists of a two-story concrete block building with pitched shingle roofing totaling approximately 12,428 square feet.
The property features a uniform unit mix of thirteen (13) two-bedroom / one-bath units of about 850sf each. Twelve (12) of the thirteen units have been renovated, including new roofing, paint, and HVAC systems, providing investors with a largely stabilized asset and minimal near-term capital needs. Utilities are separately metered and tenant-paid.
Ideally located near US-1 and I-95, Willow Apartments offers convenient access to Kennedy Space Center, downtown Titusville, and major Space Coast employment hubs.
Property Facts
| Price | $1,350,000 | Lot Size | 0.63 AC |
| Price Per Unit | $103,846 | Building Size | 12,428 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 13 | Year Built | 1981 |
| Property Type | Multifamily | ||
| Zoning | R3 | ||
| Price | $1,350,000 |
| Price Per Unit | $103,846 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Lot Size | 0.63 AC |
| Building Size | 12,428 SF |
| No. Stories | 2 |
| Year Built | 1981 |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 13 | $1,050 | 850 |
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1602 South St - Willow Apartments
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