Updated almost 8 years ago on .
Downtown Gainesville Fl, 13 unit Apartment complex!
POCKET LISTING! 13 units in heart of Downtown Gainesville, Fl. Short walk to Shops/Restaurants,Bars!
For Sale @ a ~8.5% CAP! Ask is $1.1M.
Sale is for two buildings on same street. A 5 unit and 8 unit building. All Units are 2beds/1.5Ba.
100% occ. always! Gross Rents are 138k/ yr. Several units are under rented bc of long term tenants. Gross could easily be 158k/yr
90% of the 8 unit bldg was remodeled in 2007 with kitchens, flooring , and some new AC's
Little CAPX required. Great location. Call or msg for details. 941-232-6888
Offering