A strategically located Garden Style Apartment Complex in Homosassa, FL, covering .88 acres and comprising 8 units, all fully occupied. The current rental rates sit below the market average, presenting an immediate avenue for revenue enhancement. The complex features three structures: two triplexes and a duplex, each constructed using CBS in 1981. An added advantage is the on-site laundry facility, efficiently designed for utility cost management. Situated in the heart of Homosassa, known for its natural springs and balanced residential-business ecosystem, this property offers prospective buyers both tax benefits from Y1 acquisition and depreciation, and a favorable operational cost structure. This town offers a perfect equilibrium of residential serenity and burgeoning business opportunities. Notably, this property is strategically positioned within a 5-mile radius of major highways, ensuring easy accessibility and enhanced appeal for potential tenants.
Sold for $600,000
Zillow last checked:
Listing updated:
Bought with:
Elias Kirallah, 3123414
CENTURY 21 J.W.MORTON R.E.
Source: Stellar MLS,MLS#: OM664164
Originating MLS: Ocala - Marion
Originating MLS: Ocala - Marion
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2023 | Sold | $600,000+0.4%$107/sqft |
Source:  Stellar MLS #OM664164 Report a problem | ||
| 9/10/2023 | Pending sale | $597,500$106/sqft |
Source: Stellar MLS #OM664164 Report a problem | ||
| 9/9/2023 | Listed for sale | $597,500$106/sqft |
Source: Stellar MLS #OM664164 Report a problem | ||
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