
Courtesy of: Reuben Simmonds, Jr, BLAIR REALTY GROUP INC, vaseme@juno.com
$2,200,000
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Lot: 0.35 Acres
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Other
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$2,200,000
6816 SW 4TH PLACE 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.
Courtesy of: Reuben Simmonds, Jr, BLAIR REALTY GROUP INC, vaseme@juno.com
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