6816 Sw 4th Place Gainesville, FL 32607
Other
MLS #: O6419367
Courtesy Of Blair Realty Group, Inc.
Property InformationDescription
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.
Features
- Age: 41-50 Years Old
- Amenities: Security System
- Appliance: Dishwasher
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Washer
- Architecture Style: Other
- Building Units: 8
- Cooling System: Central Air
- Exterior Type: Block
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Tile
- Heating System: Central
- Legal Description: CEDAR RIDGE VILLAS PB M-19 LOT 5 OR 5221/2911
- MLSID: O6419367
- Roof Type: Shingle
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