Courtesy: LPT REALTY, LLC
877-366-2213
Exceptional investment opportunity offering a strong 9.5% cap rate! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking and is currently 100% occupied with long-term tenants, providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.
Courtesy: RLW REALTY
352-771-2560
Turnkey duplex with income in place and nothing left to do. Both units are 2BR/2BA with separate utilities, currently tenant-occupied, and professionally managed — just step in and collect checks. Recent updates mean the big-ticket capital expenses are behind you. The added bonus: lake views that keep tenants happy and vacancy low. A clean, low-maintenance add to any portfolio in one of Lake County's most affordable and steadily appreciating markets. Previously the property was used for short term rentals housing traveling nurses so there is more to the property than just your average duplex. This sale would require a lot split that the City is in favor of, therefore the lots dimensions will need to be confirmed and the taxes are estimated.
Umatilla is located in Florida. Umatilla, Florida has a population of 3,646. Umatilla is less family-centric than the surrounding county with 14.29% of the households containing married families with children. The county average for households married with children is 23.98%.
The median household income in Umatilla, Florida is $59,141. The median household income for the surrounding county is $60,013 compared to the national median of $69,021. The median age of people living in Umatilla is 62.6 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 45.6 degrees. The average rainfall is approximately 51.1 inches per year, with 0 inches of snow per year.
