18 Unit Residential Portfolio (46 Bed) Multi-Family FOR SALE


Tallahassee, FL - Northwest Tallahassee
$3,163,445 USD
850-556-2491
, Tallahassee, FL for Sale
$3,163,445 USD
Multi-Family - FOR SALE
1/9
null | 6.66% Cap Rate

18 Unit Residential Portfolio (46 Bed)
Tallahassee, FL
Northwest Tallahassee


HIGHLIGHTS

  • Diversified Portfolio
  • Well Maintained Properties
  • Quality locations
  • Current Rents Under Market - Extensive Room for Growth from Aggressive Investor
  • 46 Bedrooms

OVERVIEW

High quality diversified portfolio of investment properties located in Tallahassee, Florida. 100% occupancy. 18 units consisting of 9 units multi-family and 9 single family houses + 1 vacant residential lot. Pro Forma Gross Income of $285,000+ and Net Income of $210,000+ when self managed. All properties are extremely well maintained with minimal deferred maintenance. 19,599 heated/cooled square feet for a below market square footage price of $161 sq/ft. If you are looking for a diversified investment property portfolio in with locations throughout Tallahassee consisting of both single family and multi-family properties, this is the deal for you!! Showings during due diligence period only as all units are currently tenant occupied. Owner financing may be considered (1st position only) based upon overall deal (purchase price, down payment, credit quality, term, etc). *Agents (commissions not included in list price, but negotiable in offers)

ASK ABOUT THIS PROPERTY

Brad WagemanBrad WagemanMore Info
850-556-2491

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Brad WagemanBrad WagemanMore Info
850-556-2491

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