Multifamily
Village Square Apartments
1715 NE 36th Ave, Ocala, FL 34470
Listing Price: $11,000,000
Cap Rate
6.30%
GRM
10.09
Investment Overview
68-Unit multifamily community consisting mostly of two- and three-bedroom units
Investment Highlights
- 68-Unit multifamily community consisting mostly of two- and three-bedroom units
- Demonstrable rental upside of up to $250 per unit, through continued unit renovations
- Seller has renovated over half of the units including updated kitchens, bathrooms and flooring
- Seller has invested significant capital improvements since 2024, including unit renovations, new paint throughout the property, cosmetic repairs and new roof with warranty on every building
- Large floor plans of over 1,000 square feet on average
- Amenities include on-site laundry facilities, swimming pool, entry gate and private patios/balconies for every unit
- Ample amounts of green space to add additional outdoor amenities such as a dog park, grilling area, gazebo, shuffle board, etc.
- Ocala Metro had one of the fastest growing economies in the nation from 2019-2021 of 11.3% compared to the statewide and nation wide average of 6.8% and 3.0% respectively (US Department of Commerce, 2022)
Exclusively Listed By
Financing By
Investment Highlights
- 68-Unit multifamily community consisting mostly of two- and three-bedroom units
- Demonstrable rental upside of up to $250 per unit, through continued unit renovations
- Seller has renovated over half of the units including updated kitchens, bathrooms and flooring
- Seller has invested significant capital improvements since 2024, including unit renovations, new paint throughout the property, cosmetic repairs and new roof with warranty on every building
- Large floor plans of over 1,000 square feet on average
- Amenities include on-site laundry facilities, swimming pool, entry gate and private patios/balconies for every unit
- Ample amounts of green space to add additional outdoor amenities such as a dog park, grilling area, gazebo, shuffle board, etc.
- Ocala Metro had one of the fastest growing economies in the nation from 2019-2021 of 11.3% compared to the statewide and nation wide average of 6.8% and 3.0% respectively (US Department of Commerce, 2022)
Investment Overview
68-Unit multifamily community consisting mostly of two- and three-bedroom units
Exclusively Listed By
Financing By

