$2,200,000 - 6816 Sw 4th Place, GAINESVILLE
- -
- Bedrooms
- -
- Baths
- 6,148
- SQ. Feet
- 0.35
- Acres
Virtually Staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.
Essential Information
-
- MLS® #:
- O6419367
-
- Price:
- $2,200,000
-
- Square Footage:
- 6,148
-
- Acres:
- 0.35
-
- Year Built:
- 1983
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Multi Family (5+)
-
- Status:
- Active
Community Information
-
- Address:
- 6816 Sw 4th Place
-
- Area:
- Gainesville
-
- Subdivision:
- CEDAR RIDGE VILLAS
-
- City:
- GAINESVILLE
-
- County:
- Alachua
-
- State:
- FL
-
- Zip Code:
- 32607
Interior
-
- Appliances:
- Dishwasher, Dryer, Refrigerator, Washer
-
- Heating:
- Central
-
- Cooling:
- Central Air
-
- # of Stories:
- 2
Exterior
-
- Lot Description:
- City Lot, Neighbourhood
-
- Roof:
- Shingle
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 38
-
- Zoning:
- R-3
Listing Details
- Listing Office:
- Blair Realty Group Inc