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2021 Tyson Green Ave
Tallahassee, FL 32310 University

$1,200,000 USD

Apartments For Sale  •  9,190 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,190 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 2020
  • Zoning RES/MF
19 Transit Score
3 Walk Score

Highlights

100% OCCUPIED WITH LONG-TERM TENANTS! SEVERELY UNDER-MARKET RENTAL RATES IN PLACE, GIVING THE BUYER MASSIVE UPSIDE TO INCREASE THEIR NOI RIGHT AWAY!
AMAZING SELLER FINANCING AVAILABLE! $300,000- $360,000 DOWN PAYMENT, 4.5% IR Year 1, 5% IR Year 2, 5.25% IR Year 3, 6% IR Year 4.
INTEREST-ONLY PAYMENTS AND A 4-YEAR BALLOON! LARGE 3-BEDROOM/3-BATHROOM UNITS!
10% CASH-ON-CASH RETURN IN PLACE! 12.2% CASH-ON-CASH RETURN IN 2026!
13.2% CASH-ON-CASH RETURN BY 2027! 14% CASH-ON-CASH RETURN IN 2028!
EACH UNIT HAS BEEN CAREFULLY CRAFTED TO INCLUDE THE FINEST FINISHES AND TOP-NOTCH AMENITIES!

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Cable Ready
  • Controlled Access
  • Clubhouse
  • Courtyard
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Waterfront
  • Gated
  • Heating
  • Grill
  • Gas Range
  • Wi-Fi
  • Ceiling Fans
  • Tile Floors
  • Crown Molding
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Storage Space
  • Maintenance on site
  • Pond
  • Deck
  • Den
  • Dining Room
  • Family Room
  • Freezer
  • Island Kitchen
  • Office
  • Pantry
  • Trash Compactor

Public Transportation

AirportDriveWalkDistance
Tallahassee International 6 min - 2.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
David Rosenthal 813-245-7333 Grimaldi Commercial Realty Corp.
David Rosenthal 813-245-7333 Grimaldi Commercial Realty Corp.