1602 SOUTH ST Titusville FL 32780

100Units.com is pleased to present Willow Apartments, a 13-unit multifamily

property located in Titusville, Florida. Tenants pay all utilities greatly reducing the

operating costs to the investor. The property features a two-story building

comprising a concrete block first floor and a wood-frame second floor, topped with

a pitched shingle roof, with a total area of approximately 12,428 square feet. The

property features a uniform unit mix of thirteen (13) two-bedroom / one-bath units

of about 850sf each. Over $300,000 of bonus depreciation with a cost segregation

study this year. Rent upside is $210 per unit from in place rents to HUD fair market

rents of $1,260 for two bedroom one bath units in this zip code.

Ideally located near US-1 and I-95, Willow Apartments offers convenient access to

Kennedy Space Center, downtown Titusville, and major Space Coast employment

hubs.

Concrete Block Construction

Pitched Shingle Roofing

Tenant Pay All Utilities