$139,000
0000 marion oaks BLVD, OCALA FL 34473, Ocala, FL 34473
ActiveProperty details
About this home
Attention investors and developers. The county allows up to 12 units, up to three stories, making this a highly attractive multifamily development opportunity. City water and sewer will be required. Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income. Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR806031370. Listing brokerage: EXP REALTY LLC. Status: Active.
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