1625 Mercy Dr | Orlando, FL 32808
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- LoopNet Team
1625 Mercy Dr
Orlando, FL 32808
Urban Square · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- 40-unit property generating a year-one scheduled income of $772,800, with professional property management ready to ensure a seamless transition.
- Situated in an Opportunity Zone, the property is just two miles from the $5.5 billion Packing District, which employs over 1000 employees.
- Concrete block construction with newly overlaid pitched-shingled roofing, spacious layouts with tile flooring, central AC, and separate meters.
- Under 15 minutes from Interstate 4, Downtown Orlando, and Camping World Stadium, and 26 minutes from Orlando International Airport.
PROPERTY FACTS
| No. Units | 40 | Lot Size | 1.93 AC |
| Property Type | Multifamily | Building Size | 36,664 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.23/1,000 SF |
| Zoning | R-3B/W - Residential | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.93 AC |
| Building Size | 36,664 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | R-3B/W - Residential |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | 750 |
| 2+1 | 26 | - | 850 |
PROPERTY TAXES
| Parcel Number | 20-2229-0000-00-085 | Improvements Assessment | $1,292,000 |
| Land Assessment | $862,358 | Total Assessment | $2,154,358 |
PROPERTY TAXES
Parcel Number
20-2229-0000-00-085
Land Assessment
$862,358
Improvements Assessment
$1,292,000
Total Assessment
$2,154,358
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