Brooksville Portfolio
Closed715 Oakdale Ave, Brooksville, FL 34601
Property type
Multifamily
Unit / Space count
78
Price
$4,875,000
Building size
Year built
1984
Year renovated
Occupancy
Zoning code
Lot size
7.75 Acres
Sold/status
Sold · Date unknown
Sale price
$4875000
Bedroom count
Property description
The Brooksville Portfolio is a portfolio of two separate apartment complexes and a three-bedroom single-family home located in Brooksville, Florida which is located in Hernando County, part of the Tampa Bay MSA. The property consists of 28 single story residential buildings, totaling 78 units. Each property sits within a five minute commute of one another making this portfolio an attractive deal to manage and own. Villas at Oakdale is a 41-unit, garden-style apartment built in 1985 and located on Oakdale Avenue. The property is situated on a land parcel of 3.81 acres with 20 residential buildings constructed of wood frame on concrete slab. The buildings are comprised of seven, one-bedroom/one-bathroom units with 550 square feet and 33 two-bedroom/one-bathroom units with 675 square feet, additionally at Villas at Oakdale is a three-bedroom/one-bathroom single family house with 1,032 rentable square feet. The house features a fenced in yard, car port, upgraded kitchen and spacious floor plan. Interior unit amenities for the quadplex and duplexes include full-size washer/dryer connections, all electric appliances and central air conditioning. Residents are responsible for all utility expense as each unit is separately metered for water and electricity. Mainbrook is a 37-unit, garden-style apartment community built in 1984 and located on Main Street. The property is situated on a land parcel of 3.94 acres with 8 residential buildings constructed of concrete block. The buildings are comprised of eight, one-bedroom/one bathroom units with 500 square feet, 19 two-bedroom/one-bathroom units with 750 square feet and 10 three-bedroom/one-bathroom units with 900 square feet. Property amenities include central air conditioning and an on-site laundry facility.
Property highlights
- Each Property Is Individually Metered For Water and Sewer Through the City & Paid By Tenant, Drastically
- Lowering Operating Expenses
- In Close Proximity to Interstate 75; a Major Interestate Highway that Spans the Entire State of Florida All
- the Way Up to Northern Tip of the State of Michigan
- Strong Unit Mix With 67% Of The Units Being Two Bedroom Floor Plans
- Less Than 45 Miles From Downtown Tampa & 50 Miles From Tampa International Airport
- In Close Proximity to Weeki Wachee Springs, Home to the World Famous Underwater Mermaid Show &
- Buccaneer Bay Water Park. Weeki Wachee Offers an Aquarium-Like Setting for its Live Performances
- & Cave Diving. Additionally, the Caves Underneath Weeki Wachee Springs are Considered the Deepest
- Fresh Water Caves in the United States