Investor Alert with current 7%+/- CAP rate! 3 Building / 3 Tenant property that is 100% occupied and located along busy U.S. Hwy. 441 in Belleview. Ideally situated between The Villages and Ocala, two of the fastest growing areas in Florida. Tenants include a Diner that has been in place 20+ years, a Barber Shop of which the space was remodeled recently and includes new AC, flooring and windows and a Motel. Great opportunity to own an income producing property in a great location. Showings by appointment only. DO NOT DISTURB TENANTS. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
Financial Considerations
Price:
$699,000
HOA Fee:
N/A
Tax Amount:
$6370.33
Price per SqFt:
$104.78
Tax Legal Description:
SEC 36 TWP 16 RGE 22 PLAT BOOK D PAGE 097 H L S SUB BLK A LOT 7 EXC BEGIN AT A PT ON THE E BNDY OF LOT 7 PT BEING S 00-20-40 W 116.36 FT FROM THE NE COR OF LOT 7 TH S 00-20-40 W 151.99 FT TO A PT BEING ON THE ARC OF A CURVE CONCAVE NLY HAVING A RADIU S OF 1374.69 FT TH WLY ALONG ARC OF CURVE A CHORD BEARING & DISTANCE OF N 67-25-55 W 15.40 FT TH CONT ALONG CURVE A CHORD BEARING & DISTANCE OF N 64-55-27 W 104.95 FT TH N 16-18-50 E 145.13 FT TH S 61-28-32 E 79.05 FT TO THE POB EXC RD ROW FOR HWY 4 4 1 RECORDED IN CHANCERY BK 36 PG 227 EXC COM AT A PT OF INTERSECTION OF THE E LINE OF LOT 7 AND THE NLY ROW LINE OF US HWY 27-441-301 PT OF INTERSECTION BEING THE ARC OF A CURVE CONCAVE NLY HAVING A RADIUS OF 1374.69 FT TH WLY ALONG ARC OF CURVE