2045 3rd Ave | Sneads, FL 32460
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- LoopNet Team
2045 3rd Ave
Sneads, FL 32460
Auction - Hatton House Apts | 76-Unit LIHTC · Multifamily Property For Sale · 76 Units
Investment Highlights
- STARTING BID $750,000 | 76-Unit LIHTC Community in Florida | 71% Occupied | AUCTION OCTOBER 28-30, 2024
- ±71% Occupied | Value-Add Opportunity to Increase Rents to Max Allowable as Leases Turn
- 2024 Capital Improvements include Common Area Wainscot, Flooring, Paint, and Several Unit Renovations | Roof Replaced in Last 5 Years
- 76-Unit Age Restricted LIHTC Apartment Building with Direct Proximity to US-90 in North Florida??????
- Current Rents are More than $200 Below Max Allowable Rents
- Building Amenities include Clubhouse, Common Area Bathrooms, Four Laundry Facilities, Library, Gym, Elevator, Community Kitchen, and Indoor Pool
PROPERTY FACTS
| No. Units | 76 | Lot Size | 10.07 AC |
| Property Type | Multifamily | Building Size | 52,200 SF |
| Property Subtype | Apartment | Average Occupancy | 74% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | B | Year Built | 2001 |
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 10.07 AC |
| Building Size | 52,200 SF |
| Average Occupancy | 74% |
| No. Stories | 2 |
| Year Built | 2001 |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Kitchen
- Refrigerator
- Range
- Walk-In Closets
- Wheelchair Accessible (Rooms)
Site Amenities
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Breakfast/Coffee Concierge
- Gameroom
- Grill
- Laundry Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 62 | - | 632 |
| 2+2 | 14 | - | 896 - 978 |
PROPERTY TAXES
| Parcel Number | 27-4N-07-0000-0040-0030 | Improvements Assessment | $2,699,654 |
| Land Assessment | $152,653 | Total Assessment | $2,852,307 |
PROPERTY TAXES
Parcel Number
27-4N-07-0000-0040-0030
Land Assessment
$152,653
Improvements Assessment
$2,699,654
Total Assessment
$2,852,307
zoning
| Zoning Code | COMM (Commercial) |
| COMM (Commercial) |
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