About 6816 Sw 4th Place
Virtually Staged. One or more photo(s) was virtually staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.
Features of 6816 Sw 4th Place
| MLS® # | O6419367 |
|---|---|
| Price | $2,200,000 |
| Square Footage | 6,148 |
| Acres | 0.35 |
| Year Built | 1983 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Listing Details
| Office | BLAIR REALTY GROUP INC |
|---|
Listing Map
Neighborhood Information for 6816 Sw 4th Place
Growing Population, High Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Myra Terwilliger Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
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Oak Hall School Private - Preschool to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Oak Hall Lower School Private - Preschool to 5Th Grade |
1 Miles | |
|
|
Siatech Gainesville Charter High School Public - 9Th Grade to 12Th Grade |
1 Miles | |
|
|
Gainesville Country Day School Private - Preschool to 5Th Grade |
1 Miles | |
|
|
Florida Autism Center - Gainesville Private - Kindergarten to 2Nd Grade |
1 Miles | |
|
|
Brentwood School Private - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools