0 SE 102nd Place Road

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0 SE 102nd Place Road

Belleview, FL 34420
Asking Price
$1.50M
Asset Type
Multifamily
Class
Class B

What's Special

Multifamily | 166 Units <ul><li>​15.43 Acres</li><li>​Zoned R3, In City Limits of Belleview strategically positioned as one of the limited options to help fill the workforce rental supply void of the immediate area.</li><li>​Offering represents prior 166 Unit Townhouse development with underground & lift station completed in 2005.</li><li>​15.43 Acres located in City Limits of Belleview between The Villages and Ocala, convenient to new Publix, Schools, Retail & Restaurants.</li><li>​Although City addition of "Business

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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