Log In/Sign Up
Your email has been sent.
965 Candlelight Blvd
Brooksville, FL 34601
Candlelight · Multifamily Property For Sale
·
111 Units
Investment Highlights
- Current rents trail renovated comparables, offering near-term revenue growth as units turn with limited reliance on market growth assumptions.
- Straightforward, phased renovation strategy reduces execution risk and supports early cash-flow growth.
- All floorplans have washer/dryer connections already installed. Opportunity to install the appliances for additional premiums.
- Multifamily rents in the submarket have increased 2.5% year-over-year in 2025, according Yardi Matrix.
Executive Summary
Candlelight Apartments is a 111-unit, single-story, garden-style apartment community located in Brooksville, Florida. Built in 1982, the property offers a mix of studio, one-bedroom, and two-bedroom floor plans, with all units featuring private entrances, patios, and washer/dryer connections. The Property represents a compelling value-add
opportunity through mark-to-market rent growth, targeted interior and exterior capital improvements, the installation of in-unit washers and dryers, and the expansion of ancillary income streams.
opportunity through mark-to-market rent growth, targeted interior and exterior capital improvements, the installation of in-unit washers and dryers, and the expansion of ancillary income streams.
Property Facts
| Sale Type | Investment | Lot Size | 7.50 AC |
| No. Units | 111 | Building Size | 60,480 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1982/1990 |
| Building Class | C | Parking Ratio | 2.65/1,000 SF |
| Zoning | MF - Residential Multi Family | ||
| Sale Type | Investment |
| No. Units | 111 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.50 AC |
| Building Size | 60,480 SF |
| Average Occupancy | 93% |
| No. Stories | 1 |
| Year Built/Renovated | 1982/1990 |
| Parking Ratio | 2.65/1,000 SF |
| Zoning | MF - Residential Multi Family |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
Site Amenities
- Property Manager on Site
- Package Service
- Storage Space
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | $1,278 CAD | 288 |
| 1+1 | 79 | $1,474 CAD | 576 |
| 2+1 | 8 | $1,718 CAD | 864 |
| 2+2 | 2 | $1,736 CAD | 864 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,298,213 CAD | |
| Land Assessment | $294,769 CAD | Total Assessment | $7,464,929 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$294,769 CAD
Improvements Assessment
$3,298,213 CAD
Total Assessment
$7,464,929 CAD
1 of 44
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
