1585 NW 29th Rd - Apartments FOR SALE


Gainesville, FL 32605- Northwest Gainesville
$2,027,000 USD
352-219-2879
1585 NW 29th Rd, Gainesville, FL for Sale
$2,027,000 USD
Apartments - FOR SALE
1/37
null | Request Cap Rate

1585 NW 29th Rd
Gainesville, FL 32605
Northwest Gainesville


HIGHLIGHTS

  • New Contstruction
  • Low Maintenance
  • 1-Year Builder Warranty Upon Closing
  • All appliances included and window blinds
  • 2.3 Miles from the University of Florida
  • Close to Areas Largest Medical Hubs

OVERVIEW

Exceptional opportunity to acquire a full new construction 8-unit building located just 2.3 miles from the University of Florida and steps from Gainesville’s major medical hubs, including UF Health Shands Hospital and North Florida Regional Medical Center. All units are 3-bedroom/3.5 bath townhouse style units. Situated within Gainesville’s best-selling condo development over the past 2 years, this asset offers investors a rare combination of premium construction, strong tenant demand, and long-term scalability. Set on a 27-acre master-planned community with a lake, residents enjoy a serene, park-like environment complemented by a modern clubhouse, resort-style pool, and fitness center. The property consistently attracts Class A and Class B tenants, driven by its luxury finishes(quarts countertops, stainless appliances, etc), proximity to major employment centers, and high overall desirability.

FOR SALE DETAILS

PRICE

$2,027,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

8

PRICE/UNIT

$253,375

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eagle Trace Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

31 AC

LAND SF

1,350,360 SF

ZONING

MULTI-FAM

APN/PARCEL ID

09000-001-101

ASK ABOUT THIS PROPERTY

Eric LeightmanUniversity RealtyMore Info
352-219-2879

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Eric LeightmanUniversity RealtyMore Info
352-219-2879

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