222 Runnymeade Dr | Crestview, FL 32539
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- LoopNet Team
222 Runnymeade Dr
Crestview, FL 32539
Crestview Townhomes · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- 10 unit community on .71 acres
- Current rents are ~11% below market value
- 11 minutes from Shoal River Ranch Gigasite which is expected to bring 350 high paying jobs to local marketplace
- All units are 2 bed/1.5 bath and ~951 SF
- Cap Rate potential of 7.15% after year 1 by adjusting rents to market levels.
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.71 AC |
| Property Type | Multifamily | Building Size | 9,510 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 2005 |
| Building Class | C |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 9,510 SF |
| No. Stories | 2 |
| Year Built | 2005 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 10 | - | 951 |
PROPERTY TAXES
| Parcel Number | 21-3N-23-0000-0017-027C | Improvements Assessment | $759,293 |
| Land Assessment | $76,566 | Total Assessment | $835,859 |
PROPERTY TAXES
Parcel Number
21-3N-23-0000-0017-027C
Land Assessment
$76,566
Improvements Assessment
$759,293
Total Assessment
$835,859
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