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1554 Lake Ave
Tallahassee, FL 32310 Providence

Price Upon Request

Apartments For Sale  •  25,811 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,811 SF
  • Lot Size 0.84 AC
  • Building Class C
  • Year Built 1974
  • Zoning CU
31 Transit Score
27 Walk Score

Highlights

48-Unit Multifamily Asset Built in 1974 & Renovated in 2022, Located Within the Heart of Tallahassee
Value-Add Upside Available Through a Strategic Renovation of Unit Interiors, and Increasing Renal Rates to $825/Unit/Month
Current Ownership has Completed Major Deferred Maintenance Projects During Their Ownership and Invested More Than $700,000 In Capital Expenses
Located Only 1-Block From The Airport Gateway/FAMU Way/Greenway Redevelopment Projects ($233 Million in Capital Investments to the Immediate Area)
1-Minute to Innovation Park of Tallahassee, 273,000 Sq, Ft. of Lab And Office Space Which is Home to More Than 30 Organizations
Seller Financing Available, Contact Listing Agents for More Information

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Property Manager on Site
  • Recycling
  • Trash Pickup - Curbside
  • Refrigerator
  • Oven
  • Range
  • Vinyl Flooring
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Tallahassee International 10 min - 5.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes