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Umatilla 
87 Central Ave
 Umatilla, FL 32784
County: Lake
 
Gene Artusa
(321) 720-5053
   Photos
Image 1 of 1
 
 
  For Sale Active  
Type:Multifamily
Garden/Low-Rise
No. Units:14
Building Size:12,000 SF
Lot Size:20,000 SF
Occupancy:100.00%
Price:$525,000
Price/Unit:$37,500
Cap Rate:10.10%
Year Built:1916
Date Last Verified:8/18/2008
Property ID:15183516
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 Attachments 
Financial Statement 53 KB
 
 Additional Information 

Property Description:
Mixed use property, ground floor retail, second floor fully leased apartments

Location Description:
Property located on busy Corner on SR19 (cemtral Av) in Umatilla. High traffic count.

No. Stories:2Property Types:Garden/Low-Rise
Office Building
Commission Split:1%
TaxID/APN:1318261200-00G-00100
  Financial Summary Actual  
Year:2007
Scheduled Gross Income:$94,632
Effective Gross Income:$94,632
Net Operating Income:$52,972
 
  Unit Mix Information
Retail
No. Units: 4
Avg. Mo. Rent: $496
 
Studio Apartments
No. Units: 2
Avg. Mo. Rent: $570
 
1 Bedroom Apt
No. Units: 7
Avg. Mo. Rent: $560
 
30Bedroom Apt
No. Units: 1
Avg. Mo. Rent: $800
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
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6/14/2007
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 
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