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Property profile & analytics
OFF-MARKET
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 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
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CAP Approach CAP
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Comparable Approach Comparable
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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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