Village Green Apartment Complex - LoopNet · Village Green Apartment Complex 500 SW 33rd Ave Ocala, FL For Sale at $1,950,000 Great location near I-75, SR40, and HWY 200 Parcel ID

The information contained herein is deemed reliable but is not guaranteed. Buyer should make their own investigation regarding this property and should not rely upon this advertisement to determine suitability or value.

Presented By C. Sandon Wiechens, CCIM SIOR2603 SE 17th St, Suite A Ocala, FL 34471

Office: (352) 622-3214 ~ Mobile: (352) 817-6474 ~ [email protected]

~ Great location near I-75, SR40, and HWY 200~ Parcel ID # 22774-000-03

~ 101 Units in 70 Buildings after Phase II Completion~ 114 Lots per Engineer~ 11.2 Acre Site

~ See attached documentation/disclosures

500 SW 33rd Ave Ocala, FL 34474For Sale at $1,950,000

Village Green Apartment Complex

Village Green Apartment Complex

500 SW 33rd Ave Ocala, FL

For Sale at $1,950,000

Great location near I-75, SR40, and HWY 200

Parcel ID # 22774-000-03

101 Units in 70 Buildings after Phase II Completion

114 Lots per Engineer, 107 on Operating Permit

11.2 Acres

City Of Ocala involvement required moving forward, see attached

Administrative Order

Units that need to be replaced can only be replace one time per

City Of Ocala code

Current gross income is approximately $32,500 monthly

See attachments showing detailed information

Various unit sizes

Units are all mobile homes

City water, sewer, and natural gas to each unit and each unit is

separately metered and paid by tenant

Part of property is in Flood Plain, see attached FEMA mapping

designations

City Of OcalaAdministrative Order

Marion County Property Appraiser Data

Villie M. Smith, CFA, ASAMarion County Property Appraiser

501 SE 25th Avenue, Ocala, FL 34471 Telephone: (352) 368-8300 Fax: (352) 368-8336

201922774-000-03Prime Key: 564630 MAP IT Current as of 7/18/2019

Property Information

PARK PROPERTIES INC 1234 KING STJACKSONVILLE FL 32204-4212

Taxes / Assessments: Map ID: 162Millage: 1001

M.S.T.U.PC: 28

Acres: 11.19

More SitusSitus: 500 SW 33RD AVE OCALA

Current Values NOT AvailableEx Codes:

History of Assessed Values

Year Land Just Building Misc Value Mkt/Just Assessed Val Exemptions Taxable Val2018 $390,096 $785,882 $375,990 $1,477,531 $1,477,425 $0 $1,477,4252017 $390,096 $764,299 $375,990 $1,343,114 $1,343,114 $0 $1,343,1142016 $390,096 $947,324 $386,044 $1,250,558 $1,250,558 $0 $1,250,558

Property Transfer History

Book/Page Date Instrument Code Q/U V/I Price6939/0704 03/2019 31 CERT TL 0 U I $1005324/0376 02/2010 09 EASEMNT 0 U I $1003665/0650 03/2004 07 WARRANTY 0 U I $1002532/0443 07/1998 06 SPECIAL WARRANTY 2 V-SALES VERIFICATION Q I $1,550,0001747/1178 06/1991 05 QUIT CLAIM 0 U I $1001747/1181 04/1991 05 QUIT CLAIM 0 U I $1001671/0141 06/1990 08 CORRECTIVE 4 V-APPRAISERS OPINION U I $1,150,0001667/0757 06/1990 07 WARRANTY 4 V-APPRAISERS OPINION U I $1,150,000

Property Description

SEC 14 TWP 15 RGE 21COM AT THE SW COR TH S 89-58-23 E 340.83 FT ALONG THE S BDYTO A POINT ON THE ELY ROW LINE OF I-75 TH N 00-01-31 E 390FT ALONG SAID ELY ROW LINE TO A POINT ON THE NLY ROW LINEOF A 60 FT WIDE ROAD 30 FT FROM AND MEASURED AT A RIGHTANGLE TO THE CENTERLINE OF SAID 60 FT WIDE ROAD KNOWN AS7TH ST TH S 89-58-23 E ALONG SAID NLY ROW LINE 981.67 FTTO A POINT ON THE W LINE OF THE SE 1/4 OF SW 1/4 SAID POINTALSO BEING THE POB TH N 00-05-30 E ALONG SAID W LINE 935.20FT TO THE NW COR OF THE SE 1/4 OF SW 1/4 TH S 89-59-54 EALONG THE N LINE OF SAID SE 1/4 OF SW 1/4 AND ALONG THE SLINE OF LOT 6 OF RECORDED PLAT OF INTERSTATE INDUSTRIAL PARK

U-35 1294.70 FT TO A POINT ON THE WLY ROW LINE OF A 60 FTWIDE ROAD KNOWN AS SW 33RD AVE SAID POINT BEING 30 FT FROMAND MEASURED AT RIGHT ANGLE TO THE CENTERLINE OF SAID 60 FTWIDE ROAD SAID POINT ALSO BEING THE SE COR OF SAID LOT 6 THS 00-12-58 W ALONG SAID WLY ROW LINE 94.94 FT TO THE NE COROF LOT 1 BLK C OF SOUTH FORTY INDUSTRIAL PARK PHASE II X-98TH S 89-57-30 W ALONG THE N LINE OF SAID LOT 1 99.97 FT TOTHE NW COR OF LOT 1 TH S 89-57-30 W ALONG THE N LINE OFTRACT A 175.89 FT TO THE NW COR OF SAID TRACT A THS 00-09-25 W ALONG THE W LINE OF SAID TRACT A 249.93 FT TOTHE SW COR OF SAID TRACT A TH N 89-57-09 E ALONG THE S LINEOF TRACT A 176 FT TO THE SW COR OF SAID LOT 1 THN 89-57-09 E ALONG THE S LINE OF SAID LOT 1 99.91 FT TO THESE COR OF SAID LOT 1 SAID POINT ALSO BEING ON SAID WLY ROWLINE OF SW 33RD AVE TH S 00-09-28 W ALONG SAID WLY ROW LINE150 FT TH LEAVING SAID ROW LINE S 89-58-22 W 213.14 FT THS 00-03-58 W 60.90 FT TH S 89-58-22 W 156.36 FT TO A POINTON THE SLY PROJECTION OF THE ELY LINE OF LOT 9 BLK B THN 00-15-32 E ALONG SAID SLY PROJECTION 245 FT TO THE NE COROF SAID LOT 9 SAID POINT ALSO BEING THE NE COR OF SAID LOT 9SAID POINT ALSO BEING THE NE COR OF BLK B TH ALONG THE NLINE OF SAID BLK B THE FOLLOWING COURSES AND DISTANCESN 89-58-01 W 365.25 FT TH S 00-08-34 W 40 FT TH N 89-58-13 W455.04 FT TO THE NW COR OF SAID BLK B TH S 00-05-15 W ALONGTHE W LINE OF SAID BLK B 584.85 FT TO THE SW COR OF SAIDBLK B SAID POINT ALSO BEING ON AFORESAID NLY ROW LINE OFSW 7TH ST TH N 89-57-06 W ALONG SAID NLY ROW LINE 105.04FT TO THE POB

Land Data - Warning: Verify Zoning

Use CUse Front Depth Zoning Units Type Rate Loc Shp Phy Class Value Just Value2853 378.0 1,290.0 M1 487,620.00 SF .8000 1.00 1.00 1.00Neighborhood 9973 - COMM SR 40 - I-75E/SW 27TH AVMkt: 2 70

Traverse

Building 1 of 102COM01=L31D40R18U4R13U36.D36CAN02=L13D4R13U4.

Building Characteristics

StructureEffective AgeConditionQuality GradeInspected on

4 - MASONRY NO PILAST4 - 15-19 YRS0400 - FAIR2/11/2019 by 210

Year Built 1975Physical Deterioration 0%

Obsolescence: Functional 0%Obsolescence: Locational 0%

Base Perimeter 142

Exterior Wall 32 CONC BLK-STUCO24 CONC BLK-PAINTSection Wall HeightStories Year Built Basement % Ground Flr Area Interior Finish Sprinkler A/C

1 8.0 1.00 1975 0 1,188 M17 OFFICE 19 % N N M25 SERVICE/NON-VEHICLE 70 % N N M49 STORAGE 11 % N N

2 8.0 1.00 1975 0 52 CAN CANOPY-ATTACHD 100 % N N

Section: 1Elevator Shafts: 0Elevator Landings: 0

Aprtments: 0Escalators: 0

Kitchens: 0Fireplaces: 0

4 Fixture Baths: 03 Fixture Baths: 0

2 Fixture Baths: 1Extra Fixtures: 11

Flood Pain Mapper the

Marion County Property Appraiser

500 ft

Marion C

ounty Property A

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DIS

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his is a work in progress. T

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Villie M

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property assessment. T

hese are NO

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ur goal is to provide the most accurate data available, how

ever, no warranties, expressed or im

plied are providedw

ith this data, its use, or interpretation. All inform

ation subject to change without notice. U

se at your own risk.

Aerial Mapper the

Marion County Property Appraiser

500 ft

Marion C

ounty Property A

ppraiser

DIS

CLA

IME

R: T

his is a work in progress. T

his application was com

piled by the Marion C

ounty Property A

ppraiser's Office solely for the governm

ental purpose of

GIS

Web

Map

pin

g A

pp

lication

Villie M

. Sm

ith, C

FA

, AS

ALast U

pdated: 07/12/2019

property assessment. T

hese are NO

T surveys. O

ur goal is to provide the most accurate data available, how

ever, no warranties, expressed or im

plied are providedw

ith this data, its use, or interpretation. All inform

ation subject to change without notice. U

se at your own risk.