Multifamily
Town Oaks Apartments Redevelopment Site
1140 S Parramore Ave, Orlando, FL 32805
Listing Price: $1,300,000
Investment Overview
Covered Land Play | 7,296 SF residential building currently occupies the site.
Town Oaks Apartments Redevelopment Site
Investment Highlights
- Current Zoning Allows For up to 21 units Per Acre (60 Units Total) – 40 Ft Max Height, 70 Percent Impervious Coverage
- Multiple Value-Add Opportunities Including Stabilization of Current Property and Development of Additional Units
- Potential for $1,100 Rent Per Unit On Existing 8 Units, $105,600 in Potential Annual Income
- Property is in an Opportunity Zone - See Agent for Details
- Property Located Near Downtown Orlando, Amway Center, and National Retailers Like Chipotle, Target and Publix
Exclusively Listed By
Financing By
Investment Highlights
- Current Zoning Allows For up to 21 units Per Acre (60 Units Total) – 40 Ft Max Height, 70 Percent Impervious Coverage
- Multiple Value-Add Opportunities Including Stabilization of Current Property and Development of Additional Units
- Potential for $1,100 Rent Per Unit On Existing 8 Units, $105,600 in Potential Annual Income
- Property is in an Opportunity Zone - See Agent for Details
- Property Located Near Downtown Orlando, Amway Center, and National Retailers Like Chipotle, Target and Publix
Investment Overview
Covered Land Play | 7,296 SF residential building currently occupies the site.
Exclusively Listed By
Financing By
