407-557-3888
132 Dixie Dr, Tallahassee, FL for Sale
Apartments - FOR SALE
1/5
null | 7.25% Cap Rate

132 Dixie Dr
Tallahassee, FL 32304
University


HIGHLIGHTS

  • Thirty-Four (34) Unit Townhome Community Located in Tallahassee, The State Capital of Florida
  • Built in 1999, the Property Features (34) 2x2.5 Townhome Units with 1,000 Rentable SqFt
  • Eleven (11) Units Have Been Fully Renovated Since 2023, Leaving an Investor the Opportunity to Continue Renovations on the Remaining Twenty-Three (23)
  • Unit Amenities Include Stainless Steel Appliances, Quartz Countertops, Sleek Wood-Grain Cabinets, Extended Breakfast Bars, Vinyl Plank Flooring
  • All Units Have Full Size In-Unit Wash/Dryer Appliances and Connections
  • In-Place Rents Average 14% Below The Average of The Rent Comparables, Leaving Room For Upside By Setting New Rents To Be In-Line With The Market

OVERVIEW

SP Multifamily Group of Marcus & Millichap is pleased to offer Dior Townhomes to qualified investors. Built in 1999, the Property Features (34) 2x1.5 Townhome Units with 1,000 Rentable SqFt. Use the below link to download the Offering Memorandum and Financials for Dior Townhomes.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

34

CAP RATE

7.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dior Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

UT

APN/PARCEL ID

21-27-50-00C-012.0

ASK ABOUT THIS PROPERTY

Matthew ProzzilloMarcus & MillichapMore Info
407-557-3888

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Matthew ProzzilloMarcus & MillichapMore Info
407-557-3888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.