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833 E Park Ave
Tallahassee, FL 32301 Magnolia

$1,050,000 USD

Apartments For Sale  •  6,980 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,980 SF
  • Lot Size 0.71 AC
  • Building Class B
  • Year Built 1932
  • Zoning OR1
41 Transit Score
57 Walk Score

Highlights

Turn-key asset with modern interior upgrades including new LVP flooring, granite countertops, and stainless steel appliances.
Major mechanical upgrades including roofs, electrical and plumbing within the last 10 years.
100% occupancy with a strong rental history.
Below market rents allowing new ownership to increase NOI approximately 20% upon new leases and renewals

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Smoke Free
  • Kitchen
  • Oven
  • Patio
  • Walk-Up
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Tallahassee International 17 min - 8.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Bennett Harrell 904-252-2823 Colliers
Bennett Harrell 904-252-2823 Colliers