40-unit, adjacent two-property multifamily portfolio in Tallahassee, Florida. Highly walkable location – West Tennessee Street, Publix Supermarket and Aldi-anchored WestEnd Square are all just steps away, offering numerous dining, shopping and entertainment options. Situated between two large post-secondary institutions - Florida State University with a 44,000-student enrollment and FSU Seminole’s Doak Campell Stadium are just 2 miles to the east; Tallahassee State College with a 12,000-student enrollment is 1.4 miles to the west. Columbia Trace Apartments: 16 large three-bedroom/three-bathroom apartments. 2003 construction with granite countertops, undermount sinks, built-in appliances and in-unit washer/dryer appliances. Valencia Apartments: 24 one-bedroom/one-bathroom apartments. 20 units recently renovated with updated countertops, new cabinetry, stainless steel appliances, luxury vinyl plank flooring, new carpet and fresh paint. Amenities include a gazebo, picnic/grilling area and an on-site laundry facility.