Seller Financing: Urban Square Apartments

1625 Mercy Dr, Orlando, FL 32808

100Units.com presents Urban Square Apartments which is a 40 unit multifamily complex. The property is constructed of concrete block construction with pitched-shingled roofing, consisting of 1 two-story apartment building with a total of approximately 36,664 gross square feet. The unit mix is 14 one bedroom one bath units and 26 two bedroom one bath units. Electric is separately metered and paid for by the tenants. Units feature central air conditioning and spacious living rooms and bedrooms. Flooring is tile throughout. The roofing was overlaid with new shingles. Attractive Seller Financing is available to qualified buyers. Ideally located under fifteen minutes to Interstate-4, Camping World Stadium, and Downtown Orlando. Bezos Academy is located on the same street with public transportation directly in front of the property and just 2 miles from the $5.5 billion dollar Packing District with over 1,000 jobs and the Princeton Oaks Business Park with over 750,000 sf & 500+ jobs. Half an hour to the University of Central Florida, Disney, and Orlando International Airport. Professional property management company in place who is willing to work with the new owner. From the extraordinary Magic Kingdom to the excitement of Orlando Citys Soccer games, Orlando offers something to do for the whole family. Orlando is genuinely nicknamed The City Beautiful and its symbol is the mystical fountain in Lake Eola. Located right in the heart of Downtown Orlando. The City Beautiful is also known as The Theme Park Capital of the World and its tourist attractions draw more than 68 million tourists a year, including 4 million international guests. The Orlando International Airport (MCO) is the 25th busiest airport in the United States.In 2021 Florida welcomed 91.5 million visitors, up 51.9% from the first nine months of 2020, showing that it is rebounding well. Theme parks and attractions in the region are already reporting record-breaking revenue in 2021. Indicators show they have weather the worst of the pandemic and should continue to improve in 2022.The Family Vacation Guide ranked Orlando as the highest ranking city in Florida for people traveling with children As of 2023, Orlando, known as "The Theme Park Capital of the World," welcomed approximately 74 million visitors. This includes 67.9 million domestic tourists and 6.13 million international visitors, marking a significant increase in international tourism by 25% compared to 2022. The surge in tourism underscores Orlando's continued appeal as a top destination, especially with its iconic attractions like Walt Disney World, Universal Orlando Resort, and SeaWorld. The Orlando International Airport (MCO) also saw record-breaking numbers in 2023, handling 57.7 million passengers. This was driven by a 72.3% increase in international travel, contributing to an overall rise in airport traffic, making it one of the busiest airports in the United States. As of 2023, Orlando International Airport (MCO) has risen in rank and is now the seventh busiest airport in the world in terms of passenger traffic. This ranking is bolstered by a substantial increase in both domestic and international travel, particularly with a record 57.7 million passengers handled throughout the year. MCO's growth continues to reflect Orlando's status as a major global tourist destination, especially driven by its popular theme parks and attractions. In addition to being a tourist destination, Orlando is an economic powerhouse. Over the last decade, Orlando has experienced rapid job and population growth. The job growth rate in the Orlando metropolitan area from 2010 to 2020 was a remarkable 41%, more than twice the national average. This has been driven by expansions in technology, healthcare, and tourism. The area continues to see strong employment opportunities, with Forbes ranking Orlando as the No. 1 region for job growth.

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