Urban Square | 1625 Mercy Dr
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Urban Square 1625 Mercy Dr
40 Unit Block of Flats For Sale Orlando, FL 32808
Investment Highlights
- Year 1 Scheduled Income $772,800
- Located in A Opportunity Zone
- Minutes Away From Downtown ORlando
Executive Summary
100Units.com presents Urban Square Apartments which is a 40 unit multifamily complex. The property is constructed of concrete block construction with pitched-shingled roofing, consisting of 1 two-story apartment building with a total of approximately 36,664 gross square feet. The unit mix is 14 one bedroom one bath units and 26 two bedroom one bath units. Electric is separately metered and paid
for by the tenants. Units feature central air conditioning and spacious living rooms and bedrooms. Flooring is tile throughout. The roofing was overlaid with new shingles.
Ideally located under fifteen minutes to Interstate-4, Camping World Stadium, and Downtown Orlando. Bezos Academy is located on the same street with public transportation directly in front of the property and just 2 miles from the $5.5 billion dollar Packing District with over 1,000 jobs and the Princeton Oaks Business Park with over 750,000 sf & 500+ jobs. Half an hour to the University of Central Florida, Disney, and Orlando International Airport. Professional property management company in place who is willing to work with the new owner.
for by the tenants. Units feature central air conditioning and spacious living rooms and bedrooms. Flooring is tile throughout. The roofing was overlaid with new shingles.
Ideally located under fifteen minutes to Interstate-4, Camping World Stadium, and Downtown Orlando. Bezos Academy is located on the same street with public transportation directly in front of the property and just 2 miles from the $5.5 billion dollar Packing District with over 1,000 jobs and the Princeton Oaks Business Park with over 750,000 sf & 500+ jobs. Half an hour to the University of Central Florida, Disney, and Orlando International Airport. Professional property management company in place who is willing to work with the new owner.
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Lot Size | 1.93 AC |
| No. Units | 40 | Building Size | 36,664 SF |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Apartment Style | Low Rise | Parking Ratio | 1.23/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.93 AC |
| Building Size | 36,664 SF |
| Number of Floors | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.23/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | 750 |
| 2+1 | 26 | - | 850 |
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PROPERTY TAXES
| Parcel Number | 29-2220-0000-00-085 | Improvements Assessment | £1,205,338 |
| Land Assessment | £644,230 | Total Assessment | £1,849,568 |
PROPERTY TAXES
Parcel Number
29-2220-0000-00-085
Land Assessment
£644,230
Improvements Assessment
£1,205,338
Total Assessment
£1,849,568
zoning
| Zoning Code | R-3B/W |
| R-3B/W |
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Joe LaFleur -
100Units.com
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Urban Square | 1625 Mercy Dr
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