1025 Crossing Brook Way - Apartments FOR SALE


Tallahassee, FL 32311
$820,000 USD
850-251-6643
1025 Crossing Brook Way, Tallahassee, FL for Sale
$820,000 USD
Apartments - FOR SALE
1/13
null | 7.57% Cap Rate

1025 Crossing Brook Way
Tallahassee, FL 32311


HIGHLIGHTS

  • Close to Lincoln High School
  • Close to public transportation
  • Close to Apalachee Walmart

OVERVIEW

Two awesome quads (must be sold together). Newer roofs (2015/2017) and most of the AC units have been replaced in the last 3 years. Most units updated inside as well. Many long term tenants, so rents have been raised steadily, but there is still significant room for increases (probably $800/month total). One or two units may be available to see prior to contract. Contact listing agent for details.

FOR SALE DETAILS

PRICE

$820,000 USD

PRICE/SF

$113 USD /SF

# OF UNITS

8

PRICE/UNIT

$102,500

CAP RATE

7.57%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crossing Brook Villa

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

MR-1

APN/PARCEL ID

31-03-10-000-002.0

ASK ABOUT THIS PROPERTY

Jason PichtPicht & Sons Real EstateMore Info
850-251-6643

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Jason PichtPicht & Sons Real EstateMore Info
850-251-6643

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.