Village Old Blichton - Project Approved !
Land | 1.2 acres
Marketing description
14 Townhouse APPROVED 1 Multi-family Developer Opportunity located on the corner of Old Blichton Rd and US 27 Road, just minutes from downtown Ocala, Florida. 14 approved units, designed with a 1400 sq ft layout with 2 bedrooms, 2 full baths and 1/2 bath, two story with assigned parking. Asking price is $35k/ Unit approval.
Developer, builder and investor, this is an opportunity for a multi-family project just minutes from downtown Ocala, ready to submit the building permit. the seller is willing to financing the land with 40 % down payment @ 10 % interest rate with a balloon in 5 years
Investment highlights
Affordable Housing Demand: Multifamily properties cater to renters seeking affordable housing compared to single-family homes
Multiple Income Streams: With multiple units in one property, you can generate consistent rental income from several tenants, reducing dependency on a single renter.
Growing Economy: Ocala is known for its strong equestrian industry, manufacturing, healthcare, and logistics sectors, which drive job creation and housing demand.
Expense Deductions: Operational costs like property management fees, maintenance, mortgage interest, and insurance are tax-deductible.
Easier Portfolio Growth: Multifamily properties allow you to acquire multiple income-generating units under one roof, simplifying management and scaling your portfolio.
Tourism and Equestrian Draw: Ocala’s equestrian events and natural attractions (like the Ocala National Forest) contribute to economic vitality.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
