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    OFF-MARKET
    Small apartment buildings

    64 Walnut Rd, Ocala, FL 34480

    Built 2023
    Individually Owned 2-yr Hold
    Property ID
    US18-6945204
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a newly constructed four-plex apartment building located at 64 Walnut Street, Ocala, Florida 34480. Built in 2023, this single-story property boasts a total of four units, comprised of two two-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. All units are currently leased at above-market rates, guaranteeing immediate and substantial cash flow for the investor. The property is situated in the thriving city of Ocala, Marion County, experiencing significant growth fueled by new developments in healthcare, hospitality, and warehousing. This influx of new jobs and residents is driving strong demand for rental housing, making this a particularly attractive investment. Ocala offers a lower cost of living compared to other Florida cities, further enhancing the property's profitability and long-term value. The asking price for this turnkey investment is $820,000. This is a rare opportunity to acquire a high-performing multifamily property in a rapidly expanding market. Don't miss out on this chance to secure a strong return on investment in a prime location.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 2023
    UPID US18-6945204
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Lesley Oxford · 2 yrs held
    Lesley Oxford
    since 2023
    3 recorded transactions
    2023
    $679,900
    2018
    $527,450
    2017
    $203,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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