Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Lot Size: | 6 Acres |
Financials
Price:$2,650,000
Annual Taxes:$43,053.76
Listing Courtesy of THE MULTIFAMILY ADVISORS
This is 10 minutes north of Gainesville, FL in High Springs, which was named the Friendliest Small Town by Florida Magazine and has a 94, 421 median household income.
Description
This is 10 minutes north of Gainesville, FL in High Springs, which was named the “Friendliest Small Town” by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units. There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k). Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #
Amenities
- Cul-De-Sac
- Refrigerator
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
