460 Hale Ave | Brooksville, FL 34601
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- LoopNet Team
460 Hale Ave
Brooksville, FL 34601
Sunny Point · Multifamily Property For Sale
·
50 Units
INVESTMENT HIGHLIGHTS
- Continued renovations may realize a 17% increase in Effective Gross Income and 7.81% cap rate by end of Year Two
- Amenities include gated entrance, pet park, playground and recently upgraded and modernized laundry facility
- Property accounts for 8.7% of Class B & C market rate stock in Brooksville, per Costar
- Attractive unit mix with majority two-bedroom units
- Concrete block construction
- Less than one mile to Downtown Brooksville, the county seat of Hernando County
PROPERTY FACTS
| No. Units | 50 | Lot Size | 3.83 AC |
| Property Type | Multifamily | Building Size | 40,036 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | C | ||
| Zoning | RMF | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.83 AC |
| Building Size | 40,036 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Zoning | RMF |
AMENITIES
UNIT AMENITIES
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 625 |
| 2+1 | 30 | - | 910 |
PROPERTY TAXES
| Parcel Number | R22-222-19-2280-0000-0060 | Improvements Assessment | $2,960,173 |
| Land Assessment | $140,024 | Total Assessment | $4,126,074 |
PROPERTY TAXES
Parcel Number
R22-222-19-2280-0000-0060
Land Assessment
$140,024
Improvements Assessment
$2,960,173
Total Assessment
$4,126,074
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