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39 Herald Dr
Leesburg, FL 34748

$13,000,000 USD

Apartments For Sale  •  69,130 SF

Property Details

  • Property Type Apartments
  • Total Building Size 71,560 SF
  • Lot Size 6.57 AC
  • Building Class C
  • Year Built 1984
  • Zoning R-3
0 Transit Score
42 Walk Score

Highlights

Above Market Returns: With a loan assumption, over an 8.5% cash-on-cash return for buyer day-1 which includes the tax-reassessment in the calculation
All roofs replaced in 2021
Attractive unit mix of 75% two-bedroom units which include garden style and townhomes, with average square footage of nearly 1,000 square feet

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Walking/Biking Trails
  • Refrigerator
  • Range
  • Walk-In Closets
  • Carpet
  • Maintenance on site
  • Online Services
  • Pantry
  • Walk-Up

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 69
Type: Surface
Included in Rent: Yes
Jason Hague 813-387-4754 Marcus & Millichap
Jason Hague 813-387-4754 Marcus & Millichap