2288 Del Carmel Way - Apartments FOR SALE


Tallahassee, FL 32303- Northwest Tallahassee
$883,350 USD
321-945-2367
2288 Del Carmel Way, Tallahassee, FL for Sale
$883,350 USD
Apartments - FOR SALE
1/16
null | 7.3% Cap Rate

2288 Del Carmel Way
Tallahassee, FL 32303
Northwest Tallahassee


HIGHLIGHTS

  • Prime location
  • 4.8 miles from Florida State University and 5 miles from Florida State Capital
  • 100% Occupancy
  • Suitable for family and students
  • New constructed in 2023
  • ROE of 11%

OVERVIEW

Discover a Prime Investment Opportunity in the Heart of Tallahassee! Own all Four income-producing townhomes in Sunrise at Mission Overlook, a beautifully designed, newly built community featuring premium amenities including a community pool, clubhouse and a gym. This is an exceptionally rare chance to own an entire building in a highly desirable location. One out of the 4 units is rented under AirBnB Program which generates extensive income, approx $1,700 Net per unit per month. Something to consider to increase income.

FOR SALE DETAILS

PRICE

$883,350 USD

PRICE/SF

$173 USD /SF

# OF UNITS

4

PRICE/UNIT

$220,838

CAP RATE

7.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mission Overlook

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

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.