Property description

PublicRemarks:-Real FL Properties is pleased to offer for sale OVATION AT LAKE HUNTER, a 24-unit Apartment complex with 2 residential buildings fully entitled with site plan approved, building permit, water and wastewater permits in place in Lakeland, FL. In the heart of the DixieLand area of Lakeland, with all public utilities available on-site. Highlights of OVATION AT LAKE HUNTER - Shovel ready Lakefront property offers all 24 units with 2 bedrooms and 2 bathrooms with a laundry room. Each unit 1200 Sft makes it one of the most desirable apartments in Lakeland. All Utilities available on-site and the Impact fees waived by Lakeland city and the school concurrency. ***Seller Financing Available*** Market Highlights – Per Costar Submarket average 12 mo. Vacancy: 5.5% Submarket 12 mo. Asking rent growth: 18% Submarket projected Vacancy YE 2022: 5% Submarket projected asking rent growth YE2022: 9%
Directions:- Lakeland Downtown - less than 2 miles Head west on E Walnut St toward S Indiana Ave - 253 ft Slight right onto Lake Morton Dr - 0.5 mi Turn right onto E Palmetto St - 0.2 mi Turn left onto S Missouri Ave - 0.3 mi Turn right at the 3rd cross street onto Cresap St - 0.4 mi Continue onto Lake Hunter Dr Destination will be on the left - 0.4 m Tampa International Airport Get on E State Rd 60 E - 5 min (3.2 mi) Drive from I-4 E to Lakeland. Take exit 31 from I-4 E - 34 min (36.8 mi) Follow Kathleen Rd and FL-563 S to Lake Hunter Dr - 7 min (4.0 mi)

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