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    OFF-MARKET
    Commercial real estate

    1836 109Th Pl, Ocala, FL 34476

    Built 1982
    Property ID
    US18-1889795
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a four-unit apartment building located at 1836 SW 109th Place, Ocala, Florida, 34476, within the Quail Run Subdivision. Built in 1982, this multifamily property is offered at $489,900 and is ideally suited for a 1031 exchange. Each of the four units boasts two bedrooms and one and a half bathrooms, providing comfortable living spaces for tenants. Ample parking is available, and individual electric meters simplify utility management. The property's strategic location offers easy access to Interstate 75, enhancing its appeal to commuters. Its proximity to shopping, dining, and other amenities further contributes to its desirability. Ocala's thriving real estate market, characterized by high rental demand and a growing population, makes this a compelling investment. The city's affordability, coupled with a robust job market in sectors such as healthcare, education, logistics, and manufacturing, ensures a consistent stream of potential renters. Ocala's outdoor lifestyle and the absence of state income tax further enhance its attractiveness as an investment destination. This quadraplex presents a strong potential for generating steady rental income in a rapidly expanding area. The property's features and location combine to create a promising investment opportunity in a dynamic Florida market.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1982
    UPID US18-1889795
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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