4731-4769 N Pine Hls | Pine Hills, FL 32808
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4731-4769 N Pine Hls
Pine Hills, FL 32808
Crest Villas · Multifamily Property For Sale
·
94 Units
INVESTMENT HIGHLIGHTS
- Renovation of 50 units at $10,000 per unit for an additional $100/month rent premium. Ability to add 65 washers/dryers to one & two bedroom units.
- Washer/Dryer Hookups currently in all one and two-bedroom floor plans.
- Averaged 96.8% historical occupancy
- Ability to push income by charging fees and trash reimbursement, water/sewer reimbursements.
- Since 2021, current ownership has invested over $2M in property improvements
- Built in 1987 on 4.38 acres, allowing for potential amenity enhancements or future development.
PROPERTY FACTS
| No. Units | 94 | Building Size | 475,232 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1987 |
| Building Class | C | Parking Ratio | 0.15/1,000 SF |
| Lot Size | 4.38 AC | ||
| Zoning | R-3B/RP - Residential Development | ||
| No. Units | 94 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.38 AC |
| Building Size | 475,232 SF |
| Average Occupancy | 99% |
| No. Stories | 1 |
| Year Built | 1987 |
| Parking Ratio | 0.15/1,000 SF |
| Zoning | R-3B/RP - Residential Development |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Range
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Walking/Biking Trails
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 29 | - | 288 - 864 |
| 1+1 | 60 | - | 576 |
| 2+1 | 1 | - | 864 |
| 2+2 | 4 | - | 864 |
PROPERTY TAXES
| Parcel Number | 06-2229-7059-00-010 | Improvements Assessment | $2,808,150 |
| Land Assessment | $1,504,913 | Total Assessment | $4,313,063 |
PROPERTY TAXES
Parcel Number
06-2229-7059-00-010
Land Assessment
$1,504,913
Improvements Assessment
$2,808,150
Total Assessment
$4,313,063
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