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Off Market
1/3

2010 Tyson Green Ave
Tallahassee, FL 32310


HIGHLIGHTS

  • BRAND NEW DEVELOPMENT IN THE HEART OF TALLAHASSEE, FL! (7-UNIt BUILDING)!
  • SELLER FINANCING APPROXIMATE TERMS: 30% DOWN, 5.5% IR, 30-YEAR AMORTIZATION OR INTEREST ONLY, 3-YEAR BALLOON!
  • 9% CAP RATE BY 2021!
  • 17%+ CASH-ON-CASH RETURN BY 2021!
  • EACH UNIT HAS BEEN CAREFULLY CRAFTED TO INCLUDE THE FINEST FINISHES AND TOP NOTCH AMENITIES!
  • HOA ON-SITE, WHICH COVERS ALMOST ALL OPERATING EXPENSES!

OVERVIEW

2010 TYSON GREEN AVE, TALLAHASSEE FL CAMDEN CORNERS BUILDING #8 FOR SALE (SELLER FINANCING AVAILABLE!) THE BUILDING RESIDES IN THE HEART OF CAMDEN CORNERS, A BRAND-NEW DEVELOPMENT, BUILT PROGRESSIVELY THROUGHOUT THE PAST 24 MONTHS. EACH UNIT HAS BEEN CAREFULLY CRAFTED TO INCLUDE THE FINEST FINISHES AND TOP NOTCH AMENITIES! THIS AMAZING OPPORTUNITY ALSO PROVIDES RETURNS THAT MATCH IT'S ELABORATE INTERIORS! BUILDING #8 AT CAMDEN CORNERS BOASTS AN IN-PLACE CASH-ON-CASH RETURN OF OVER 13%. BASED ON THE CURRENT MARKET RENTAL RATES, A BUYER CAN EASILY OBTAIN A CAP RATE OF ALMOST 10% AND A CASH-ON-CASH RETURN OF OVER 17% BY 2021. TO ADD TO THIS INCREDIBLE OPPORTUNITY, THE SELLER IS WILLING TO OFFER GENEROUS SELLER FINANCING TERMS THAT WILL HELP INCREASE THE BUYERS RETURN IMMEDIATELY!

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

CAMDEN CORNERS (SELLER FINANCING AVAILABLE)!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

7000

STORIES

2

YEAR BUILT

2021

PARKING SPACES

100

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

41-09-22-000-801.0