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For Sale

Belleview Flats

11613 Southeast 57th Avenue,
Belleview, FL 34420

Asset Snapshot

$79,089.97
NOI
1978
Year Built
1
Floor Count
8 Units
Unit Count
0 SF
Average Unit Size
4,128 SF
Property Size

Offering Summary

Investment Overview

100Units.com presents Belleview Flats, an 8-unit multifamily asset ideally positioned in the growing Belleview submarket of Marion County. This well-maintained property features concrete block construction with pitched shingle roofing, offering durability and reduced long-term capital expenditure—an increasingly important factor for investors focused on operational efficiency and asset longevity. All central HVAC systems. Tile flooring throughout saving significantly on maintenance costs. Tenants pay all the utilities. The property consists of eight (8) 1-bedroom, 1-bathroom units, a highly desirable unit mix catering to workforce housing demand and individuals seeking affordability within close proximity to major employment corridors. With Belleview benefiting from continued population and job growth, demand for this unit type remains consistently strong. From an operational standpoint, Belleview Flats is set up for streamlined management and favorable expense control. Electric and water utilities are separately metered and paid directly by tenants, minimizing landlord expense exposure and supporting stronger net operating income margins. Strategically located along the US-441 corridor, the asset provides convenient access to Ocala, The Villages, and surrounding employment hubs, positioning it to capture ongoing renter migration into the area. The property presents investors with a stable, cash-flowing opportunity with the potential to further enhance returns through operational efficiencies or light value-add strategies.


Investment Highlights

  • 100% Concrete Block Construction – Durable, low-maintenance build with pitched shingle roofing, helping reduce long-term capex exposure
  • Individually Metered Utilities – Electric and water paid directly by tenants, creating efficient expense control and stronger NOI
  • Desirable 1BR/1BA Unit Mix (8 Units) – Consistent demand from workforce housing tenants seeking affordability and simplicity
  • Prime Access to Growth Corridors – Conveniently located near US-441 with connectivity to Ocala and The Villages employment hubs
  • Stable Cash Flow with Upside Potential – Proven rental demand with opportunity for rent growth and operational optimization

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Listing Syndicated From

Buildout
For Sale
$950,000
Asking Price