460 Hale Ave | Brooksville, FL 34601
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- LoopNet Team
460 Hale Ave
Brooksville, FL 34601
Sunny Point · Build-to-Rent Property For Sale
·
50 Units
INVESTMENT HIGHLIGHTS
- Continued renovations may realize a 17% increase in Effective Gross Income and 7.81% cap rate by end of Year Two
- Amenities include gated entrance, pet park, playground and recently upgraded and modernized laundry facility
- Property accounts for 8.7% of Class B & C market rate stock in Brooksville, per Costar
- Attractive unit mix with majority two-bedroom units
- Concrete block construction
- Less than one mile to Downtown Brooksville, the county seat of Hernando County
PROPERTY FACTS
| No. Units | 50 | Total Plot Size | 3.83 ac |
| Property Type | Build-to-Rent | Property Size | 40,036 sq ft |
| Property Subtype | Apartment | No. Floors | 1 |
| Apartment Style | Garden | Year Built | 1973 |
| Costar Property Class | C | ||
| Use Class | RMF | ||
| No. Units | 50 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 3.83 ac |
| Property Size | 40,036 sq ft |
| No. Floors | 1 |
| Year Built | 1973 |
| Use Class | RMF |
AMENITIES
UNIT AMENITIES
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 20 | - | 625 |
| 2+1 | 30 | - | 910 |
PROPERTY TAXES
| Parcel Number | R22-222-19-2280-0000-0060 | Improvements Assessment | £2,226,364 |
| Land Assessment | £105,313 | Total Assessment | £3,103,245 |
PROPERTY TAXES
Parcel Number
R22-222-19-2280-0000-0060
Land Assessment
£105,313
Improvements Assessment
£2,226,364
Total Assessment
£3,103,245
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