3336 Colonial Oaks Dr | Pace, FL 32571
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3336 Colonial Oaks Dr
Pace, FL 32571
Colonial Oaks · Multifamily Property For Sale
·
32 Units
Investment Highlights
- Attractive Land Contract Terms: 75% LTV, 5% Interest, 30-Year Amortization
- Historically Near 100% Occupancy with $944.53 Average Rent
- Significant Recent Capital Improvements; Newly Resurfaced and Restriped Parking Lot (2022), New Roofs (2015-2020), 18 out of 32 units lightly renovate
- All Two Bed Units with (12) 1,044 SF Two Bed One and a Half Bath Two-Story Townhouses, (12) 924 SF Two Bed One and a Half Bath Units, and (8) 744 SF T
- $325-$400 Below Market Rent; Current Average rent is $944.53 while immediate competitors are achieving $1,300-$1,500
- All Tenant Paid Utilities
Property Facts
| No. Units | 32 | Lot Size | 0.99 AC |
| Property Type | Multifamily | Building Size | 29,568 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1999 |
| Building Class | C | Parking Ratio | 2.2/1,000 SF |
| Zoning | R2 - Heavy commercial | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.99 AC |
| Building Size | 29,568 SF |
| No. Stories | 2 |
| Year Built | 1999 |
| Parking Ratio | 2.2/1,000 SF |
| Zoning | R2 - Heavy commercial |
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
- Kitchen
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 24 | - | 924 - 1,044 |
| 2+1 | 8 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,034,155 | |
| Land Assessment | $261,205 | Total Assessment | $2,295,360 |
Property Taxes
Parcel Numbers
Land Assessment
$261,205
Improvements Assessment
$2,034,155
Total Assessment
$2,295,360
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