Leesburg Archbell Sub Homes with No Pool Pool type

Leesburg Archbell Sub Homes with No Pool Pool type

Welcome to the enchanting Leesburg Archbell Subdivision, nestled in the heart of Lake County, Florida. This charming neighborhood is a hidden gem within the vibrant city of Leesburg, known for its picturesque landscapes and welcoming community spirit. If you’re searching for a place to call home that offers a perfect blend of comfort and convenience, look no further!

The homes in the Archbell Subdivision are thoughtfully designed to cater to a variety of lifestyles. With a selection of beautiful residences, you'll find options that exude warmth and character. Many of these homes are perfect for those who prefer a more traditional setting, featuring spacious layouts and inviting interiors. Notably, the subdivision offers homes without pools, making it an ideal choice for those who appreciate low-maintenance living or simply prefer to enjoy the nearby recreational facilities.

Residents of Archbell are treated to a serene atmosphere, surrounded by lush greenery and scenic views. The community is conveniently located near essential amenities, including shopping centers, schools, and parks, ensuring that everything you need is just a stone's throw away. The vibrant downtown Leesburg area is also within easy reach, offering a delightful mix of dining, entertainment, and cultural experiences.

In Archbell Subdivision, you’ll find not just a house, but a place to create lasting memories. Experience the charm of Leesburg living, where community and comfort come together harmoniously. Come explore your future home in this delightful neighborhood today!

Newest Leesburg Archbell Sub Homes with No Pool Pool type

1502 High Street, Leesburg
$389,000
Leesburg Archbell Sub SubDv. ⋅ 34748 Zip Code
Exceptional value-add opportunity in Leesburg with the potential to transform this nine-unit property into a fully renovated 10-unit multifamily community. Located in a growing Central Florida market with continued demand for rental housing, this property offers significant upside for an experienced investor, developer, or nonprofit organization looking to create quality, affordable housing. The property will require a substantial renovation to reach its full potential. Based on a recent estimate obtained from one of the seller’s contractors, approximately $600,000 in repairs and improvements should be anticipated. Renovations may include roofing, building systems, general repairs and maintenance, interior and exterior improvements, updated floor plans, and modernization of the individual units. Once renovated and stabilized, the property has an estimated After-Repair Value (ARV) of approximately $1.8 million, creating a compelling opportunity for an investor willing to complete the necessary improvements. This property may also be particularly attractive to a nonprofit or affordable-housing organization seeking an opportunity to provide safe, comfortable, and reasonably priced housing for up to 10 families. With the right renovation plan and ownership structure, the property could serve both an important community need and a long-term investment objective. For buyers looking for a project with substantial value-add potential, multiple units, and a clear repositioning strategy, this Leesburg property deserves serious consideration.

1502 High Street, Leesburg
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