Multifamily Housing
1175 Bentley Road Leesburg, FL 34748
Details & Description
Price: $5,325,000
    45 minutes from the Orlando MSA On-site laundry facility with brand new machines Concrete block constructionProperty is being offered with an assumable Freddie Mac loan, or can be offered free and clear at an adjusted price point to account for the yield maintenance penaltyConsiderable and immediate rental upside available of over $150 per unit on average with minimal capital improvements requiredImprovements throughout all 48 units include but are not limited to, granite countertops, new appliances, tile flooring, vanities, kitchen and bathroom faucets, light fixtures and smoke detectorsLocated minutes from The Villages, the nation's fastest growing retirement community with an estimated population of 132,000 residents covering 32 square miles
    Property Highlights
     Subject property has received substantial capital improvements in excess of $1,000,000 over the last five years
     Minimal direct competition within the Leesburg submarket
    Listing Agents
    Jason Hague

    O: 813-387-4754
    jason.hague@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1175 Bentley Road

    Leesburg, FL 34748

    Listing ID: 275742
    • 1175 Bentley Road Leesburg, FL 34748 | for Sale | Photo 1
    • 1175 Bentley Road Leesburg, FL 34748 | for Sale | Photo 2
    1175 Bentley Road | for Sale | Thumbnail 1
    1175 Bentley Road | for Sale | Thumbnail 2
    Building Size: 41,074 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $129.64
    Land $/SF: $122.25
    Price
    $5,325,000
    Property Highlights
    48-unit, B class multifamily community
    Subject property has received substantial capital improvements in excess of $1,000,000 over the last five years
    Minimal direct competition within the Leesburg submarket
    Less than three miles from main thoroughfare US-441
    Description

    45 minutes from the Orlando MSA On-site laundry facility with brand new machines Concrete block construction

    Property is being offered with an assumable Freddie Mac loan, or can be offered free and clear at an adjusted price point to account for the yield maintenance penalty

    Considerable and immediate rental upside available of over $150 per unit on average with minimal capital improvements required

    Improvements throughout all 48 units include but are not limited to, granite countertops, new appliances, tile flooring, vanities, kitchen and bathroom faucets, light fixtures and smoke detectors

    Located minutes from The Villages, the nation's fastest growing retirement community with an estimated population of 132,000 residents covering 32 square miles

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Leesburg Area Market Trends

    Listing Demographics for 1175 Bentley Road Leesburg, FL 34748

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1175 Bentley Road in Leesburg?
    The asking price for 1175 Bentley Road is $5,325,000
    What is the building size of this Multifamily property in Leesburg, FL?
    The size of the building/unit at 1175 Bentley Road in Leesburg is 41,074 square feet
    How much land does the Leesburg, FL property at 1175 Bentley Road include?
    1175 Bentley Road in Leesburg includes 1.000 acres of land
    What is the population within 1 mile of 1175 Bentley Road in Leesburg?
    The population within 1 mile of 1175 Bentley Road Leesburg, FL 34748 is 3,559 people.
    Who do I contact for questions about 1175 Bentley Road?
    You should contact the listing agent, Jason Hague , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Orlando Sanford International Airport (SFB) 38
    Orlando International Airport (MCO) 43
    Daytona Beach International Airport (DAB) 55