Active

$900,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 5248 sq ft
Overview
  • ID: MFRGC541996
  • Bedrooms:
  • Bathrooms: 0
  • Size: 5248 sq ft
Property Details
Remarks
Fully occupied and centrally located brick quadruplexes in the rapidly growing High Springs, FL market for sale. These quads feature a rare combination of location, condition, and stable occupancy. Very limited competing apartment inventory nearby. Both quads are being offered together at $900,000 ($450,000/quad). Located in High Springs, Florida — named the "Friendliest Small Town" by Floridian magazine and known as the "Gateway to the Springs" — this 8-unit portfolio offers the perfect blend of small-town charm and strong investment fundamentals. Situated just 20 miles northwest of Gainesville, High Springs has become a sought-after housing destination for all kinds of professionals, providing a deep, stable tenant pool. All 8 units are 1 bedroom/1 bathroom at 656 SF each, spread across two single-story brick buildings totaling 5,248 SF on 0.68 acres. Every unit is currently occupied with leases in place. In-place rents average $933/unit/month. Both buildings are professionally managed. Units are individually metered, tenants pay all utilities. Debt/Insurance quotes and financials available for review.
Financial Considerations
Price:
$900,000
HOA Fee:
N/A
Tax Amount:
$10837
Price per SqFt:
$169.81
Tax Legal Description:
G E FOSTER ADDN PB A-6 LOT 2 BK 5 OR 4693/1382
Exterior Features
Lot Size:
29629
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Carpet, Tile
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1981
Construction Type:
Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    18580 NW 234TH ST
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