Description
Affordable Housing Investment Opportunity! Unlock the potential of this low-income apartment complex, designed to provide stable rental income while serving the community's housing needs. The property offers 9 units with strong occupancy history and reliable tenant demand. Ideal for investors seeking a socially responsible opportunity with consistent cash flow. Keep it as apartments or change it to a business use....the possibilities are endless with Commercial General zoning grandfathered in as multi-family. With 100' frontage on US 41 in Venice and located directly across from Lowe's and Carrabba's, this property also offers redevelopment opportunities. This former motel complex features a main house (ideal for owner occupancy) and two 4-unit buildings. Just under 1/2 acre and not in a flood zone. Listing agent is owner. Don't miss this change to invest in a property that blends financial opportunity with social impact!
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0BEDS
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0.44ACRES
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0BATHS
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01/2 BATHS
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2,668SQFT
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$373$/SQFT
School Ratings & Info
Description
Affordable Housing Investment Opportunity! Unlock the potential of this low-income apartment complex, designed to provide stable rental income while serving the community's housing needs. The property offers 9 units with strong occupancy history and reliable tenant demand. Ideal for investors seeking a socially responsible opportunity with consistent cash flow. Keep it as apartments or change it to a business use....the possibilities are endless with Commercial General zoning grandfathered in as multi-family. With 100' frontage on US 41 in Venice and located directly across from Lowe's and Carrabba's, this property also offers redevelopment opportunities. This former motel complex features a main house (ideal for owner occupancy) and two 4-unit buildings. Just under 1/2 acre and not in a flood zone. Listing agent is owner. Don't miss this change to invest in a property that blends financial opportunity with social impact!
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