$1,000,000
$1,400,000
28.6%For more information regarding the value of a property, please contact us for a free consultation.
99 Beds
152 Baths
75,000 SqFt
SOLD DATE : 12/31/2020
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 75,000 sqft
Price per Sqft $13
Subdivision Comm Nonsub
MLS Listing ID OM569209
Sold Date 12/31/20
Bedrooms 99
Full Baths 152
HOA Y/N No
Year Built 1975
Annual Tax Amount $32,892
Lot Size 11.190 Acres
Acres 11.19
Property Description
Village Green Apartments are well located near I-75, SR40, and HWY 200! 101 Units in 70 Buildings after Phase II Completion. 11.2 Acre site. City Of Ocala involvement required moving forward, see attached Administrative Order. Units that need to be replaced can only be replaced one time per City Of Ocala code; Current gross income is approximately $29,000 monthly; Various unit sizes - Units are all mobile homes. City water, sewer, and natural gas to each unit and each unit is separately metered and paid by tenant. Part of property is in Flood Plain, see attached FEMA mapping designations
Location
State FL
County Marion
Community Comm Nonsub
Zoning M-1 Light Industrial
Interior
Heating Other
Furnishings Unfurnished
Fireplace false
Exterior
Exterior Feature Other
Parking Features Assigned
Utilities Available Electricity Connected
Attached Garage false
Garage false
Building
Story 1
Entry Level One
Lot Size Range 10 to less than 20
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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