1175 Bentley Road, Leesburg, FL 34748 | MLS O5411923 | Listing Information | BHHS Florida Realty

1175 Bentley Road,  Leesburg FL, 34748

Status: Sold
MLS#: O5411923
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Last Updated: 12/6/2016 5:37 AM
Description for 1175 Bentley Road Leesburg, FL 34748
Short Sale REDUCED FOR QUICK SALE! INVESTORS LOOK. INCOME POTENTIAL! Massive Apartment complex, vacant and ready for remodel. Built in 1988, Newell Hill Villas consists of 12 apartment buildings and Office situated on a hillside of almost 5 acres. The apartments are comprised of 48 Units: town homes and studios. Unit mix 1, 2 & 3 Bedrooms; 48 Units=(4) 3 Br, (32) 2 Br (2 for handicap) and (12) 1 Br) with separate Electric/H2O meters. Additional, on-site Office building includes laundry, mail boxes and maintenance areas. Majestic oaks frame the landscape and provide shade for the site. So much potential here and extraordinary opportunity for Investors! Property has benefited from exemption savings. BUY TODAY, renovate and RENT. Property Sold âœAs Is.â Roofs are newer (2000) and most units have basic appliances. Any information contained herein critical to the buyer's decision to purchase must be verified by the buyers. Must see ASAP as itâs one-of-a-kind and thereâs no other apartment property in Central FL as large, on the market at this time. Nice location, close to downtown historic Leesburg, Hospital and shopping yet, residential feel to property. Single family homes in community across the street. Conveniently located just off US-441, minutes from healthcare, schools, shopping and dining with easy access to I-75. POF required with Offer. AS IS, Buyer may inspect & verify all info.
Price
Sold Price:
$1,601,500
Sold Date:06/14/2016
Lake
O5411923
Closed
Description
Short Sale REDUCED FOR QUICK SALE! INVESTORS LOOK. INCOME POTENTIAL! Massive Apartment complex, vacant and ready for remodel. Built in 1988, Newell Hill Villas consists of 12 apartment buildings and Office situated on a hillside of almost 5 acres. The apartments are comprised of 48 Units: town homes and studios. Unit mix 1, 2 & 3 Bedrooms; 48 Units=(4) 3 Br, (32) 2 Br (2 for handicap) and (12) 1 Br) with separate Electric/H2O meters. Additional, on-site Office building includes laundry, mail boxes and maintenance areas. Majestic oaks frame the landscape and provide shade for the site. So much potential here and extraordinary opportunity for Investors! Property has benefited from exemption savings. BUY TODAY, renovate and RENT. Property Sold âœAs Is.â Roofs are newer (2000) and most units have basic appliances. Any information contained herein critical to the buyer's decision to purchase must be verified by the buyers. Must see ASAP as itâs one-of-a-kind and thereâs no other apartment property in Central FL as large, on the market at this time. Nice location, close to downtown historic Leesburg, Hospital and shopping yet, residential feel to property. Single family homes in community across the street. Conveniently located just off US-441, minutes from healthcare, schools, shopping and dining with easy access to I-75. POF required with Offer. AS IS, Buyer may inspect & verify all info.
Listing Information
Property Type: Apartment, Other
4.67 Acres $38.89 1988
19//
Fire Hydrant, City, Public Water Service
Public Sewer
Electric, Cable TV
MULTIFAMILY
Neighborhood
Room Information
Interior Features
Air Cond. Unit
Central
Exterior / Lot Features
Shared Driveway
None
190x859x762x355, Two + to Five Acres
R-3
In City, Paved Road, County Road, City Road
Driving Directions
FROM ORLANDO-FL Turnpike N exit toward Ocala, Exit 285 toward US-27/FL-19/Leesburg/Clermont, Turn right on US-27 N (signs-Leesburg) 13.1 miles, Turn right on W Dixie Ave, Turn left on North Blvd E, Turn right on Mills St, Turn right-Bentley Rd, on Right
Financial Considerations
24-19-24-0004000020>
$17,565
2015
Market Trends and Price History
Listing Price History

Leesburg Real Estate

Leesburg is located in Florida. Leesburg, Florida 34748 has a population of 20,463.

The median household income in Leesburg, Florida 34748 is $33,053. The median household income for the surrounding county is $45,663 compared to the national median of $53,046. The median age of people living in Leesburg 34748 is 42.7 years.

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Courtesy: PALMS REALTY LLC


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Information is deemed reliable but is not guaranteed.

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