A rare opportunity to acquire JB Arcadia Apartments, a 24-unit multifamily investment property located in DeSoto County, Florida, one of the state's most productive agricultural regions. Originally developed as traditional apartments, the current ownership strategically transitioned the property to H-2A agricultural workforce housing to capitalize on the area's growing demand and significantly increase income potential. This proven operational model offers investors the flexibility of an established multifamily asset with the upside of specialized workforce housing. The property consists of 24 units across seven buildings on two parcels, offering a mix of 2, 3, and 4-bedroom floor plans. The buildings have been extensively rebuilt and are designed for durability, operational efficiency, and reduced maintenance costs. Unlike many rural workforce housing properties, JB Arcadia Apartments benefits from city water and sewer, providing dependable infrastructure while eliminating the maintenance concerns associated with septic systems. Located in DeSoto County, the property serves one of Florida's most active agricultural corridors, where growers and farm labor contractors continue to seek quality H-2A housing. With limited inventory of compliant workforce housing available, this represents a compelling investment opportunity. Ideal for H-2A housing operators, Workforce housing investors, Agricultural employers, Commercial multifamily investors, 1031 Exchange buyers. Seller financing may be available to qualified buyers with acceptable terms.
29,352 Sq Ft
2.1 Acres privados Tamanho do lote
comercial
740 US$ Imposto mensal
Construído em 1970
MLS/ID do anúncio N6143959
24 Unidades
Lot - Wooded
Heating - Electric
Bloquear
Slab
Lot - City Lot
Parking - Common
Parking - Ground Level
Membrana
Shingle
Public Sewer
Public Water
Frigorífico
Construction - Stucco
Construction - Concrete
Construction - Block
Arrefecimento - Ar condicionado central
Concreto
CUSTO MENSAL TOTAL
0 US$
0 US$
0 US$
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