$537,000
$662,500
18.9%For more information regarding the value of a property, please contact us for a free consultation.
20 Beds
14 Baths
10,240 SqFt
SOLD DATE : 02/11/2020
Key Details
Sold Price $537,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 10,240 sqft
Price per Sqft $52
Subdivision Acrg Nonsub
MLS Listing ID OM569473
Sold Date 02/11/20
Bedrooms 20
Full Baths 14
HOA Y/N No
Year Built 1990
Annual Tax Amount $7,471
Lot Size 9.250 Acres
Acres 9.25
Lot Dimensions 610x660
Property Description
3 site built homes, 6 mobile homes and 1 RV parking space on 9.25 acres. All completely Renovated in 2016 with 12 month leases!! This property is a Cash COW!! Gross Monthly Income $8,070! Net Monthly Operating Income $6,045! Cap Rate is 11% with tons of potential for property appreciation as the I-75 exit in Summerfield continues to develop. Recently updated listing with Documents including: Income/Expense/Cap Rate, Survey and Truncated Appraisal. Full appraisal upon request.
Location
State FL
County Marion
Community Acrg Nonsub
Zoning A-1 General Agriculture
Interior
Interior Features Ceiling Fans(s)
Heating Electric, Heat Pump
Cooling Central Air
Flooring Tile, Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Range, Refrigerator
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Street Lights
Roof Type Metal,Shingle
Garage true
Private Pool No
Building
Lot Description Paved
Story 1
Entry Level One
Lot Size Range 5 to less than 10
Sewer Septic Tank
Water Well
Structure Type Block,Concrete,Stucco
New Construction false
Others
HOA Fee Include None
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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