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Fore Ranch in SW Ocala: Solid Value and Good Appreciation on Investment
Located just off of the super hot Highway 200, Fore Ranch is located in the southwest portion of Ocala, which is the fastest growing part of the city. Stores located along the 200 Corridor include Barnes and Noble, Dicks Sporting Goods, Old Navy, Mimi’s Café, Cheddars and much more. This community consists of several attractive neighborhoods with a great mix of investment products, from single family dwellings to condos and townhouses. Neighborhoods include Brighton, Cimarron, Red Hawk, Saddle Creek (both phases one and two), and Wynchase.
Fore Ranch is a reasonable drive from Orlando and Tampa, and an easy one to downtown Ocala or I-75 for work or recreation. This community has plenty of great amenities that are located close to home. This includes community centers and clubhouses, a community pool and splash area, a game room, and a lounge for adults. In fact, this has the best mix of amenities of any Ocala neighborhood, which makes it a very popular place with tenants—which in turn is a real plus for real estate investors.
In short, this neighborhood is perfect for the real estate investor who appreciates having reliable renters.
Fore Ranch: Very Popular Neighborhood for Tenants
Renters look for homes in areas that are conveniently located by places of employment, health care facilities, shopping establishments, quality schools, and more, in communities where they can also enjoy family-friendly activities and those for adults. Fore Ranch provides all of that and more and is a community that we expect to maintain its value over time.
As far as the city’s economic base, multiple major distribution centers form a rock-solid foundation, being a type of business that tends to perform well, even in less-than-ideal overall economies. These are bolstered up even further by plenty of trucking, transportation, and parts-related industries that also tend to do well across economic conditions.
Ocala has experienced tremendous job growth in these distribution industries, with even more job opportunities being available soon. Income tiers earned by employees in these industries lean towards ones comfortable for renters.
Two commerce parks of significance that are contributing to Ocala’s job growth include the Ocala/Marion County Commerce Park, located in the NE quadrant of Marion County—with distribution centers for Amazon, FedEx, Chewy’s and AutoZone—and the Florida Crossroads Commerce Park, located in the SW quadrant of Marion County, home to the Dollar Tree distribution center.
Additional jobs will be created during Dollar Tree’s phase II part of the project that will double the size of the current 500,000 square foot building to 1,000,000. This will be Florida’s largest building, with the company’s need for workers creating stable and diversified employment for Fore Ranch tenants. The Southwest 49th Avenue project, meanwhile, will be in phase three of construction, alleviating commuting traffic along CR 484 and I-75. This project will translate into an even more pleasant commute and seamless travel to work.
Rental Property Investments in Fore Ranch
This opportunity will allow you to expand your real estate investment portfolio to include properties that are ideal for renters who appreciate being closely located to work and recreational opportunities. This includes numerous nearby parks where they can enjoy hiking and camping, kayaking, canoeing, and paddle boarding.
This community was built in the mid-2000s, which means that some homes will be reaching the point of needing roof and HVAC repairs and replacements, so this will need to be factored in when making your savvy investment choices. Opportunities can be significant, though, when strategic investing decisions are made, because you can then offer the type of housing that appeals to the renters who would appreciate living in the family friendly community of Fore Ranch.
Maximize Your Fore Ranch Investment by Partnering with Resolute Property Management
Our team’s first-hand experience with the Fore Ranch community, our knowledge of the housing market—and laws and regulations—and our passion for Florida property management allows us to help to effectively assist investors. We focus on helping each of our clients more quickly earn back their real estate investments while avoiding extended home vacancies and unexpected expenses.
In addition to our in-depth Ocala real estate investment experience, we accomplish all of this through our ultra-efficient infrastructure that includes:
- Property marketing services: We fill vacancies in 98% of properties that we manage within 30 days.
- Tenant placement services: Our experienced team pre-screens renters, which includes verifying income, employment, and criminal history.
- Property inspection services: Conducted bi-annually, we identify issues before they can affect the home’s value.
- Repair management services: We handle them all, so you don’t have to get your own hands dirty!
To get more information about our Fore Ranch property management services and discuss how they can benefit you, simply
schedule a 15-minute call with us today.