Mark Loomis
Property Description
Virtually Staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.
Property Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: BLAIR REALTY GROUP INC
Agency Contact: 407-210-3944
Shown By
Agent Name: Mark Loomis
Agent Phone:
Agency Title: Watson Realty Corp., REALTORS ®
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6816 SW 4th Place | MLS# O6419367
This commercial property located at 6816 SW 4th Place , Gainesville, FL 32607 is currently listed for sale with an asking price of $2,200,000. Search Gainesville real estate on markloomis.watsonrealtycorp.com today.