List Search

150-221 SE Sundial Pl
Lake City, FL 32025

Price Upon Request

Apartments For Sale  •  62,496 SF

Property Details

  • Property Type Apartments
  • Total Building Size 62,496 SF
  • Lot Size 6.63 AC
  • Building Class C
  • Year Built 1983
  • Zoning MF
20 Walk Score

Highlights

Stabilized 107-unit asset with current occupancy at 96.7%.
Proven ancillary income stream representing 15% of revenue, including utility reimbursements.
Immediate rent growth potential as in-place rates trail market by approximately 10%.
Assumable Fannie Mae debt: $4.26M balance, fixed 4.15% rate, maturity January 2032.
Located at I-10/I-75 interchange in Lake City, serving a robust workforce with limited multifamily competition.
Comprehensive unit mix: studios, standard one-bedrooms, and large one-bedrooms meeting diverse housing needs.

Amenities

  • Air Conditioning
  • Concierge
  • Dishwasher
  • Laundry Facilities
  • Picnic Area
  • Refrigerator
  • Range

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 150
Type: Surface
Included in Rent: Yes
Simon Garwood 904-673-8622 Warren & Company - Commercial Properties
Simon Garwood 904-673-8622 Warren & Company - Commercial Properties