2282 Del Carmel Way - Apartments FOR SALE


Tallahassee, FL 32303- Northwest Tallahassee
$1,050,000 USD
321-945-2367
2282 Del Carmel Way, Tallahassee, FL for Sale
$1,050,000 USD
Apartments - FOR SALE
1/13
null | 5.73% Cap Rate

2282 Del Carmel Way
Tallahassee, FL 32303
Northwest Tallahassee


HIGHLIGHTS

  • Strategic location just 4.8 miles from Florida State University and 5 miles from Florida State Capitol
  • Ideal for family and student housing with five separate parcels included
  • Newly constructed in 2023 with developer adding 13 modern buildings
  • Fully upgraded and designed for low maintenance
  • Strong investment appeal with 100% occupancy and minimal upkeep costs

OVERVIEW

Investment opportunity of multifamily condos at 2282, 2286, 2284, 2288, and 2264 Del Carmel Way. Newly constructed in 2023 with 13 additional buildings added to Mission Overlook, this collection spans five separate parcels and features fully upgraded, low-maintenance designs. Currently 100% occupied, delivering immediate income stability and strong rental demand, ideal for family and student housing. Located just 4.8 miles from Florida State University and 5 miles from the State Capitol, the properties benefit from a prime position near major education and government hubs. Offered as a complete package for $1,050,000 with a 5.73% cap rate.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

5

PRICE/UNIT

$210,000

CAP RATE

5.73%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tallahassee - 5 Unit Multifamily Investment

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.81 AC

LAND SF

209,524 SF

ZONING

MR-1

APN/PARCEL ID

21-21-22-000-140.1,21-21-22-000-140.2,21-21-22-000-140.3,21-21-22-000-140.4,21-21-22-000-160.3

ASK ABOUT THIS PROPERTY

Moshe SheffiHPL Realty InvestmentsMore Info
321-945-2367

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Moshe SheffiHPL Realty InvestmentsMore Info
321-945-2367

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