510 Kissimmee St - Apartments FOR SALE
Tallahassee, FL 32310 |
$760,000 USD
407-557-3888
510 Kissimmee St
Tallahassee, FL 32310
HIGHLIGHTS
- 10-Unit Multifamily Asset Located In Tallahassee, FL
- Kissimmee Apartments Has Had Major Interior And Exterior Renovations Since The Current Ownership Bought The Asset In 2021
- With An Average Effective Rent Of $805, An Investor Has The Opportunity To Increase Rental Rates To Be Competitive Within The Market As Units Turn
- Stabilized Asset Boasting 100% Occupancy Rate With Minimal Deferred Maintenance
- All Units Individually Metered for Water/Sewer and Tenants pay All Utilities Onsite
- Located Within The Heart Of Tallahassee, Kissimmee Apartments Offer Residents Proximity To All Major Tallahassee Economic Drivers Within 15 Minutes
FOR SALE DETAILS
PRICE
$760,000 USD
PRICE/SF
$148 USD /SF
# OF UNITS
10
PRICE/UNIT
$76,000
CAP RATE
7.29%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Kissimmee Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1965
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,841 SF
ZONING
-
APN/PARCEL ID
41-01-56-00A-022.0
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407-557-3888
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407-557-3888
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