Investment opportunity in fantastic location right in the heart of NW Gainesville. 8 Unit apartment complex in good condition that's convenient to UF, Santa Fe Community College, The Oaks Mall, Shands, and N. Florida Hospital. All eight units are 1 bedroom, 1 bath (2 buildings containing 4 units each). Excellent rental history as there have been virtually no vacancies in the last nine years and all units are currently leased. Current rent average is $584/mo for each unit. It should be noted that the 9 one bedroom units in the adjacent complex rent for $650/mo. Units are directly on a bus line and are adjacent to Greentree Park to the north which offers a good playground for kids, picnic pavilions, baseball fields and a nice woodsy walking path (none of which is too close to the apartments). Please do not disturb the tenants.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
