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For Sale

The Umatilla Apartments

$1,215,000

Umatilla, Florida

10,000 ± SF

PROPERTY DETAILS

Property Type: Multifamily

Location: 475 Umatilla Blvd, Umatilla, Florida 32784

Frontage: 180

County: Lake

PIN: 121826060002401800

Zoning: Multi-Family 10+ Units


The Umatilla Apartments is a recently renovated 16 unit apartment complex in Umatilla, FL. Located between I-75 and I-4, this property is strategically located about 15 miles East of The Villages, and 30 miles NW of Orlando.

There are (10) studio apartments on the first floor and (6) 1 Bedroom / 1 Bathroom apartments on the second floor. All units on the second floor were recently renovated with finishes like resurfaced hardwood floors and granite countertops in the kitchens and bathrooms.

The entire first floor is currently rented but the second floor is vacant due to the need for renovations. Renovations are now complete and the (6) units are actively being marketed as available.

Description: Completely Renovated Top Floor (6) Units
Growing Market Area
Additional Upside by Renovating Bottom Floor

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