Non-hoa golf course communityTwo detached garagesShared wellThree duplex buildingsEach with laundry facilitiesTwo units include carports
Fully occupied 6-unit multifamily asset offering immediate cash flow with approximately $95,160 annual gross income and a straightforward operational footprint. Ideal for both new and experienced investors seeking stable returns in a growing North Florida market with predictable income and future upside through gradual rent increases and continued property improvements. Recent updates have been completed. The properties are situated on three separate but adjacent parcels within a non-HOA golf course community, offering tenants a desirable blend of privacy and convenience. Located just minutes from I-75, five exits north of Gainesville, and close to major retailers, restaurants, and everyday amenities. The property consists of three duplex buildings totaling six 2-bedroom, 1-bath units, each with laundry facilities. Two units include carports, four units have dedicated parking pads, and the property also features two detached garages. The 1.82-acre site is served by a shared well, with two buildings on septic systems and one building connected to city sewer. The property benefits from clean leases, a strong tenant base, and professional management. Current NOI is approximately $63,024, reflecting a 6.9% cap rate at the current asking price. Financial information and lease details are available upon request.
71 days
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155
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12
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Zillow last checked:
Listing updated:
Listed by:
Susan Eagle386-623-6612,
DANIEL CRAPPS AGENCY, INC386-755-5110
Source: NFMLS,MLS#: 131832
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Central Electric
Cooling
Central Air
Appliances
Included: Refrigerator, Electric Range
Laundry: Laundry Room, Inside
Features
Ceiling Fan(s)
Flooring: Other
Windows: Aluminum Frames
Property
Parking
Total spaces: 2
Parking features: 2 Car, Carport, Driveway, Other
Carport spaces: 2
Has uncovered spaces: Yes
Features
Levels: One
Patio & porch: Front Porch, Deck, Patio, Rear Porch