Town Oaks Apartments Redevelopment Site

1140 S Parramore Ave, Orlando, FL 32805

Description Covered Land Play | 7,296 SF residential building currently occupies the site. Highlights Current Zoning Allows For up to 21 units Per Acre (60 Units Total) 40 Ft Max Height, 70 Percent Impervious Coverage Multiple Value-Add Opportunities Including Stabilization of Current Property and Development of Additional Units Potential for $1,100 Rent Per Unit On Existing 8 Units, $105,600 in Potential Annual Income Property is in an Opportunity Zone - See Agent for Details Property Located Near Downtown Orlando, Amway Center, and National Retailers Like Chipotle, Target and Publix

Contact

Broker or Owner Contact
Radford Crouppen
,
Phone: (407) 557-3826
radford.crouppen@marcusmillichap.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 1009
Building Size
Site Size (acres)
Zoning
Year Built
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 1500000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.5281764
Longitude -81.3891291
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider