6816 SW 4th Place Gainesville, FL 32607

$2,200,000

Total Square Feet

6,770
Lot Size

0.35 acre(s)

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 ancho...

Property Summary

MLS Number: O6419367

Status: Active

Subdivision: CEDAR RIDGE VILLAS

County: Alachua

Bedrooms: 0

Total Square Feet: 6,770

Price Per Sq. Ft.: $325

New Constuction: No

Waterfront: No

Property Type: Commercial - Multiple

Cooling: Central Air

Heating: Central

Lot Size: 0.35 Acres

Roof Type: Shingle

Stories: 2.0

Year Built: 1983

Taxes: $9,979

Property Details

Appliances: Dishwasher, Dryer, Refrigerator, Washer

Directions: From Archer Rd & I-75, go north on I-75 to Newberry Rd, go left onto Newberry, go left on NW 75th Ave, take a left on SW 8th Ave, take a left on SW 67th Terrance, take a left on SW 4th Pl, 3rd building on the right. Leave the parking lot, go right, turn

Exterior: Block

Flood Zone Code: X

Flooring: Laminate, Tile, Vinyl

Foundation: Slab

Home Warranty Y/N: No

Listing Terms: Cash, Commercial Financing

Lot: City Limits, Neighbourhood, Paved

Lot Dimensions: 0.35

Ownership: Fee Simple

Property Attached Y/N: No

Property Sub-Type: Multi-Family 5+

Sale Includes: Building(s) and Land, Leases

Security: Smoke Detector(s)

Sewer: Public Sewer

Showing Instructions: Appointment Only

Special Sale Provisions: None

Units: 8

Utilities: BB/HS Internet Capable, Electricity Available, Public, Water Connected

Vegetation: Trees/Landscaped

Water: Public

Water Access Y/N: No

Zoning: R-3

Construction: Block

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Courtesy of

Agency Name: BLAIR REALTY GROUP INC
Agency Contact: 407-210-3944
Agent Name: Reuben Simmonds, Jr

Presented by

Agent Name: Michael Shields
Agent Phone: 772.521.3645
Agency Title: The Keyes Company
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Michael Shields

keyes.com

Agent Cell:

772.521.3645

Office Phone:

772.521.3645

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