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100 N Dewey St
Eustis, FL 32726

$3,550,000 USD

Apartments For Sale  •  19,940 SF

Property Details

  • Property Type Apartments
  • Total Building Size 19,940 SF
  • Lot Size 0.85 AC
  • Building Class B
  • Year Built 2022
  • Zoning CBD
0 Transit Score
77 Walk Score

Highlights

Spacious units at just under 1,000 square foot per unit
One unit is fully furnished and is commanding rent premiums $357 over the average in-place rents
Opportunity to increase NOI 45% by bringing rents up to pro-forma projections with minimal capital infusion needed
Eustis, FL has an unemployment rate of 5.3% which is 0.7% lower than the national average of 6%
Future job growth over the next ten years is projected to be 51.2%, which is higher than the U.S. average of 33.5% (www.bestplaces.net)
Employment in Eustis grew at a rate of 12.9% from 2021-2022, increasing from 9.95k employees to 11.2k employees (www.datausa.io)

Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Elevator

Public Transportation

AirportDriveWalkDistance
Orlando Sanford International 55 min - 35.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
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