Updated almost 7 years ago on . Most recent reply
Gainesville FL for MFR investment
Hello All,
Am an out of state investor interested in a 8 units MFR apartment for purchase. The property is located in SW, around 5 miles from university.
50% sec 8 tenants , 25% other gov assisted programs and the 25% is non-assisted.
Seller claims 10% cap rate on a mid-6 figure listing price due to the rental income.
What does BP feel about this investment? What is property tax % in this area?
Most Popular Reply
- @John Abraham got to this website and enter in the properties address. It should give you the taxes for the property http://www.acpafl.org/searchaddr.asp
Hope this helps.
Merry Christmas:)