Apartments For Sale • 25,811 SF
| 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 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tallahassee International | 10 min | - | 5.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |