About 20420 Nw 243rd Drive
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 #
Features of 20420 Nw 243rd Drive
| MLS® # | GC541957 |
|---|---|
| Price | $2,650,000 |
| Square Footage | 21,499 |
| Acres | 6.00 |
| Year Built | 1983 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Pending |
Listing Details
| Office | THE MULTIFAMILY ADVISORS |
|---|
Listing Map
Neighborhood Information for 20420 Nw 243rd Drive
Significant Percentage of Family Households, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
First Christian Academy Private - Preschool to 12Th Grade - Closest Elementry School |
0 Miles | |
|
|
Living Springs Academy Private - Kindergarten to 8Th Grade - Closest Middle School |
0 Miles | |
|
High Springs Community School Public - Kindergarten to 8Th Grade |
1 Miles | |
|
Santa Fe High School Public - 9Th Grade to 12Th Grade - Closest High School |
6 Miles | |
|
A. L. Mebane Middle School Public - 6Th Grade to 8Th Grade |
7 Miles | |
|
|
Alachua Elementary School Public - 3Rd Grade to 5Th Grade |
7 Miles | |
|
|
W. W. Irby Elementary School Public - Preschool to 2Nd Grade |
8 Miles |
School data provided by GreatSchools