Located in the growing area os SW Marion County, annexed into the City of Ocala and already approved for 18 units per acre of multi family development, this site is strategically located next door to Ocala Breeder Sales and a quarter mile from Ocala International Airport. Look for Ocala’s strong population and job growth metrics to underpin new demand for multifamily and single family neighborhoods.
The economy is doing well in the secondary and tertiary markets. They’re seeing a significant increase in household growth as they are more attractive to residents who are looking for the right place to call home. These markets have more affordable housing opportunities, making them perfect for the residents who are looking for a SAFE place to settle down after college or gaining employment. - All of these feeding the ever growing need for market rate multi family in the Ocala Market.
Ocala, FL, 34474
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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