64 Walnut RdOcala, FL 34480

Property Details for 64 Walnut Rd

Year built

2023

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Ocala

County

Marion

State

Florida

Latitude

29.1101

Longitude

-82.0599

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