The Ranch at Loughman Oaks | 238-246 Center St
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The Ranch at Loughman Oaks 238-246 Center St
6 Unit Block of Flats £625,959 (£104,327/Unit) Davenport, FL 33896
Executive Summary
Attention Investors: Come and check out this highly profitable 6-unit apartment building, generating approximately $83,000 in annual revenue at a discounted rate. Each unit features 2 bedrooms and 1 bathroom, with tile or wood flooring. Close to Disney and situated on 1.83 acres, the property includes commercial land at the back zoned for an additional 6-plex, offering significant development potential. Amenities include an on-site laundry room and parking for over 12 vehicles. Low operating expenses are achieved through a self-contained water well, and there is no HOA.
Property Facts
Price | £625,959 | Apartment Style | Low Rise |
Price Per Unit | £104,327 | Building Class | B |
Sale Type | Investment | Lot Size | 2.00 AC |
Sale Conditions | High Vacancy Property | Building Size | 4,248 SF |
No. Units | 6 | Number of Floors | 1 |
Property Type | Residential | Year Built/Renovated | 1962/2007 |
Property Subtype | Apartment | Parking Ratio | 2.82/1,000 SF |
Price | £625,959 |
Price Per Unit | £104,327 |
Sale Type | Investment |
Sale Conditions | High Vacancy Property |
No. Units | 6 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 2.00 AC |
Building Size | 4,248 SF |
Number of Floors | 1 |
Year Built/Renovated | 1962/2007 |
Parking Ratio | 2.82/1,000 SF |
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1 | 6 | - | - |
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zoning
Zoning Code | RC (Residential Commercial) |
RC (Residential Commercial) |
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The Ranch at Loughman Oaks | 238-246 Center St
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