This Multifamily Property is no longer advertised on LoopNet.com.

39 Herald Dr
Leesburg, FL 34748
Gardens on Griffin · Multifamily Property For Sale · 78 Units

Investment Highlights

  • Extensive Capital Investment
  • Rent vs. Own Analysis
  • Strong Market Fundamentals
  • Significant Upside Remaining for Next Owner
  • Proximate to Region’s Demand Drivers

Property Facts

No. Units 78
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 6.57 AC
Building Size 71,560 SF
Average Occupancy 96%
No. Stories 2
Year Built/Renovated 1984/1996
Parking Ratio 0.96/1,000 SF
Zoning R-3 - Multifamily Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Range
  • Walk-In Closets
  • Carpet
  • Pantry

Site Amenities

  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Walking/Biking Trails
  • Maintenance on site
  • Online Services
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - 740
2+1 34 - 920
2+1.5 24 - 1,020

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 15-19-24-0004-000-07300
  • 15-19-24-0004-000-04500
Land Assessment
$919,800
Improvements Assessment
$6,341,056
Total Assessment
$7,260,856
  • Listing ID: 29603040

  • Date on Market: 9/22/2023

  • Last Updated:

  • Address: 39 Herald Dr, Leesburg, FL 34748

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