Tim Hack
Property Description
Exceptional investment opportunity offering a strong 9.5% cap rate! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking and is currently 100% occupied with long-term tenants, providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.
Property Features
Amenities
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: LPT REALTY, LLC
Agency Contact: 877-366-2213
Shown By
Agent Name: Tim Hack
Agent Phone: (386) 740-5945
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 11,901.80 per month $9,577.46 Principal & Interest $1,770.17 Property Tax $554.17 Homeowner's InsuranceChange Payment Information
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475 Umatilla Boulevard | MLS# S5151887
This multi-family property located at 475 Umatilla Boulevard , Umatilla, FL 32784 is currently listed for sale with an asking price of $1,900,000. Search Umatilla real estate on timhack.watsonrealtycorp.com today.