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209 Ridgecrest Loop 3 Unit Apartment Building Offered at $639,900 Minneola, FL 34715



INVESTMENT HIGHLIGHTS
- Close to Shopping, schools, restaurants and Highways
EXECUTIVE SUMMARY
Triplex investment opportunity in Minneola. This property is an excellent investment in the heart of Minneola, offering tremendous potential for an investor looking to generate steady rental income. Two of the units are 2 bed/2 bath, and one unit is 2 bed/1 ½ bath. Open floor plan includes living room, dining area and kitchen. Each unit has a separate, spacious laundry room. Sliding glass doors lead to private back porch. Each unit has its own utility meters and outdoor storage room. All A/C units replaced within the last 5 years. All hot water tanks replaced within the last 3 years. New roof replaced 2 years ago. Septic cleaned in 2025. Excellent location close to schools, shopping areas, downtown Clermont and major highways. Not too many of these opportunities come around often! Property for sale in As-Is condition. No HOA.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $639,900 | Lot Size | 0.26 AC |
| Price Per Unit | $213,300 | Building Size | 2,974 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1988 |
| Zoning | RMF-1 - Rmf-1-Rmf-1 | ||
| Price | $639,900 |
| Price Per Unit | $213,300 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.26 AC |
| Building Size | 2,974 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1988 |
| Zoning | RMF-1 - Rmf-1-Rmf-1 |
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209 Ridgecrest Loop
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