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2045 3rd Ave
Sneads, FL 32460

Auction - Hatton House Apts | 76-Unit LIHTC · Residential Property For Sale · 76 Units

Investment Highlights

  • STARTING BID $750,000 | 76-Unit LIHTC Community in Florida | 71% Occupied | AUCTION OCTOBER 28-30, 2024
  • ±71% Occupied | Value-Add Opportunity to Increase Rents to Max Allowable as Leases Turn
  • 2024 Capital Improvements include Common Area Wainscot, Flooring, Paint, and Several Unit Renovations | Roof Replaced in Last 5 Years
  • 76-Unit Age Restricted LIHTC Apartment Building with Direct Proximity to US-90 in North Florida??????
  • Current Rents are More than $200 Below Max Allowable Rents
  • Building Amenities include Clubhouse, Common Area Bathrooms, Four Laundry Facilities, Library, Gym, Elevator, Community Kitchen, and Indoor Pool

PROPERTY FACTS

No. Units 76
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 10.07 AC
Building Size 52,200 SF
Average Occupancy 74%
Number of Floors 2
Year Built 2001

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Kitchen
  • Refrigerator
  • Range
  • Walk-In Closets
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Business Centre
  • Clubhouse
  • Fitness Centre
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Breakfast/Coffee Concierge
  • Games room
  • Grill
  • Laundry Service

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 62 - 632
2+2 14 - 896 - 978

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-4N-07-0000-0040-0030
Land Assessment
£85,105
Improvements Assessment
£1,505,084
Total Assessment
£1,590,189

zoning

Zoning Code COMM (Commercial)
COMM (Commercial)
  • Listing ID: 33197193

  • Date on Market: 16/09/2024

  • Last Updated:

  • Address: 2045 3rd Ave, Sneads, FL 32460

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