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For Sale
$1,215,000
Umatilla, Florida
10,000 ± SF
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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