Incredible investment property in Alachua. Located on 235A directly across from recently approved Tomoka Hills planned development. Over 700 ft of road frontage on CR235A just off Hwy 441. Total of 6 mobile homes on just under 5 acres inside the city limits of Alachua. City water and utilities. ROI with current list price is 11+%...with additional upward movement! Tenants pay utilities. Owner pays garbage only. Fully rented with long-time tenants. Agricultural zoning. The possibilities for this property are plentiful considering the great location and surrounding development. Nice cleared area with scattered trees and a treeline buffer from 235A. Close to 441 and I-75. Close to distribution centers and Santa Fe High School. List agent is part owner.
Financial Considerations
Price:
$595,000
HOA Fee:
N/A
Tax Amount:
$3764
Price per SqFt:
$104.53
Tax Legal Description:
COM 50 FT W & 1787.40 FT N OF SE COR SEC POB N 722.24 FT W 295.21 FT S 727.74 FT E 295.15 FT POB OR 4006/2296