3531 South Pine Avenue

Ocala FL 34471

20730 sq. ft.

109336 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Fantastic location in SE Ocala with easy access to shopping and hospitals. Park is on CITY of OCALA Water. The units in this park have been cared for very well and most have been updated within the last few years. There are two frame built rental homes on the property and one concrete block studio. All three have recently had the entire interior remodeled(these are included in the total number of rentals of 23). 6 are 1/1 units 12 are 2/1 units 1 is a 3/2 unit 1 is a 4/2 unit 2 are frame built 2/1 units 1 is a studio New rental rates for tenants once existing leases expire are the following: 1/1 = $900 2/1 = $1,100 3/2 = $1,500 4/2 = $1,850 Studio apartment(includes electricity) = $1,250 2/1 frame-built home = $1,500 This property is on city water and sewer. Landlord owns all the units and provides maintenance, lawncare and garbage. Below are the current monthly fixed costs for the park: Lawn Maintenance: $450 City of Ocala Utilities: $420 Real Estate Taxes: $1,200 Insurance: $350 Garbage: $305 Pest Control: $350