Hampton Villas
Closed1515 Lincoln Ave, Mount Dora, FL 32757
Property type
Multifamily
Unit / Space count
65
Price
$2,860,000
Building size
54,248 sf
Rentable area
54,248 SF
Year built
1981
Year renovated
Occupancy
Zoning code
Lot size
4.45 Acres
Sold/status
Sold · Date unknown
Sale price
$2860000
Bedroom count
Property description
The Hampton Villas Apartments is a 65-unit multifamily community in Mount Dora, FL. The property was constructed in two phases in 1981 & 1988, with all buildings consisting of concrete block framing and stucco exterior walls. The unit mix consists of 34- 1 Bedroom 1 Bathroom units of 631 square feet, 4- 2 Bedroom 1 Bathroom units of 832 square feet, 4- 2 Bedroom 2 Bathroom units of 925 square feet, 21- 2 Bedroom 1.5 Bathroom units of 965 square feet, and 2- 3 Bedroom 1 Bathroom units of 1080 square feet. Amenities on-site include two laundry facilities and a resident clubhouse.
Property highlights
- Buyer Placed Significant Contingent Free Money at Contract Signing
- Fully Approved for Removal from USDA Affordable Program & Conversion to Market-Rate Upon Sale
- Excellent Unit Mix with 1 - 2 & 3 Bedroom Floor Plans
- Constructed in Two Phases / 1981 & 1988
- Located in Supply Constrained Mount Dora Sub-Market with Significant Demand for Market Rate Product