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Apartments For Sale • 24,216 SF
| 30-Unit Multifamily Asset Consisting Of One, Two, And Three-Bedroom Units With Proximity To All Major Job Hubs, Retail, And Entertainment |
| Major Renovations Completed by Current Ownership Include New Roofs in 2018, All Plumbing Replaced to PVC & Copper, Wiring Changed to Copper |
| Ability To Increase The Average Effective In-Place Rents By Nearly 25% Through Increasing Current Leases To Market Rates After Further Renovation |
| Located Within 2-Minutes Of National Retailers And Restaurants Of West Tennessee Street (Publix, Target, Walgreens, Starbucks, Chick-Fil-A, Etc.) |
| Investors Have The Unique Opportunity To Replace The In-Unit Dishwashers With All-In-One Washer/Dryers |
| The Property Is Currently 100% Occupied, Providing A New Investor With Premium Stabilized Cash Flow At The Beginning Of The Ownership |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tallahassee International | 10 min | - | 5.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 45 |
| Type: | Surface |
| Included in Rent: | Yes |
