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Southern Pines Apartments 3041 SW 20th St 8 Unit Apartment Building $1,200,000 ($150,000/Unit) 7% Cap Rate Ocala, FL 34474



Investment Highlights
- Built 1982
- Washer/Dryer Hookups
- Separately Metered for Water & Electric
- 2 Bed, 2.5 Bath Townhome Units
- Roof Replaced in 2020
Executive Summary
Two-story townhome-style apartments
Built 1982
2 bedrooms, 2.5 bathrooms
In-unit washer/dryer hookups
Newer central A/C systems in all units
Roof-2020
Separately metered for water and electric
Directly across from College of Central Florida
Built 1982
2 bedrooms, 2.5 bathrooms
In-unit washer/dryer hookups
Newer central A/C systems in all units
Roof-2020
Separately metered for water and electric
Directly across from College of Central Florida
Property Facts
| Price | $1,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $150,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.44 AC |
| Cap Rate | 7% | Building Size | 5,168 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1982 |
| Property Subtype | Apartment | ||
| Zoning | R3 | ||
| Price | $1,200,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 5,168 SF |
| No. Stories | 2 |
| Year Built | 1982 |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 8 | $1,300 | 1,000 |
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Property Taxes
| Parcel Number | 2346-004-013 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $624,240 |
Property Taxes
Parcel Number
2346-004-013
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$624,240
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Southern Pines Apartments | 3041 SW 20th St
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