1200 West Jefferson Street
Property Description
This 34-unit multifamily investment opportunity in Brooksville offers a clear value-add strategy through rental growth and potential development. Located in Hernando County between two MetroLagoons communities, the property features a uniform mix of two-bedroom, two-bathroom units, all currently rented below market. An additional 2.1 acres zoned for 20 units is available, providing an opportunity to expand the community and increase its income potential. Major deferred exterior maintenance has been addressed, including roof replacements in 2025, repaved and resealed parking areas, updated pool pavers, and landscaping improvements. These completed capital projects position a new owner to focus on bringing rents toward market levels, while the available expansion acreage adds a long-term development component to the investment.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $6,000,000 |
| No. of Units: | 34 |
| Average Occupancy: | 5 |
| Lot Size: | 2.65 Acres |
| Opportunity Zone: | No |
| Price per unit: | $176,471 |
| Property Website | Click Here |
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