Cedarwood Apartments — Sale in Ocala, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Ocala, FL 34470

Photos

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Investment Figures

Cap rate
7.92%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

A 94-unit, garden-style multifamily property located in Ocala, FL with convenient access to local schools, employment and entertainment Investment Highlights: • A 94-Unit, garden-style multifamily property located in Ocala, FL • Explosive Population Growth: Ocala has again ranked as the fastest growing metro in the nation by percentage for 2025 (US Census Bureau) • Rental Properties in High Demand:  Ocala's population has increased 27% in the last 10 years (US Census Bureau) creating significant demand for workforce housing rentals • NOI Growth: Clear pathway to a 33.7% increase in NOI by year two through bringing occupancy to market while implementing moderate rent bumps • Renovation upside is proven, not speculative: Recently renovated units at Cedarwood already command premiums of $185/unit (studios), $182/unit (one-bedrooms), and $147/unit (two-bedrooms) over unrenovated units • Well Located: Cedarwood is located just feet from Ocala's main thoroughfare, East Silver Springs Boulevard giving tenants convenient access to local schools, employment and entertainment • Rising incomes support rent growth: Area median income increased 32.6% from 2021–2024 (HUD), outpacing typical wage growth nationally • Redevelopment Potential: Situated on over 6 acres, providing great redevelopment opportunities in the future

Market Context

This multifamily in Ocala, FL is listed for sale. It is offered at an approximate 7.9% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Ocala, FL — view the full market.

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