For Sale
$820,000

64 Walnut RdOcala, FL 34480

Four-plex, modern, high cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a newly constructed four-plex apartment building located at 64 Walnut Street, Ocala, Florida 34480. Built in 2023, this single-story property boasts a total of four units, comprised of two two-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. All units are currently leased at above-market rates, guaranteeing immediate and substantial cash flow for the investor. The property is situated in the thriving city of Ocala, Marion County, experiencing significant growth fueled by new developments in healthcare, hospitality, and warehousing. This influx of new jobs and residents is driving strong demand for rental housing, making this a particularly attractive investment. Ocala offers a lower cost of living compared to other Florida cities, further enhancing the property's profitability and long-term value. The asking price for this turnkey investment is $820,000. This is a rare opportunity to acquire a high-performing multifamily property in a rapidly expanding market. Don't miss out on this chance to secure a strong return on investment in a prime location.

Highlights

  • Newly constructed four-plex in Ocala, FL.
  • Four units: two 2/2s and two 1/1s.
  • All units leased at above-market rates, providing immediate cash flow.
  • Located in a rapidly growing area with strong rental demand.
  • Asking price: $820,000.

Property Details for 64 Walnut Rd

Property type
Apartment buildings, Small apartment buildings
Year Built
2023
Stories
1

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.1100572
Longitude
-82.0599029
64 Walnut Rd, Ocala, Florida

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64 Walnut Rd
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