4251 SW 21st Pl - Apartments FOR SALE


Gainesville, FL 32607
$2,100,000 USD
352-664-2567
4251 SW 21st Pl, Gainesville, FL for Sale
$2,100,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

4251 SW 21st Pl
Gainesville, FL 32607


HIGHLIGHTS

  • Centrally located in the heart of one of SW Gainesville’s highest growth areas, Butler Plaza and Celebration Point
  • 1.5 miles from the University of Florida
  • Close to major retailers such as Target, Walmart, Best Buy, Dick’s Sporting Goods as well as Publix, Aldi, Total Wine, Sam’s Club and Lowe's
  • Built in 1981 and 1982 with concrete block construction, Oak Terrace recently experienced full and complete remodels
  • The current in-place rents average $1,400/ month across all 12 units.

OVERVIEW

Oak Terrace is a core investment type multifamily complex comprised of 12 total units, consisting of eight (8) townhouse units of 2 bedroom, 1.5 baths and four (4) 2 bedroom 1 bathroom flats, each totaling 900/SF of conditioned space.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

12

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,220 SF

ZONING

U9

APN/PARCEL ID

06741-010-004

ASK ABOUT THIS PROPERTY

Brian OenColliersMore Info
352-664-2567

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Brian OenColliersMore Info
352-664-2567

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