4251 Sw 21st Place
Gainesville,
FL
32607
Property Details
List Price: |
$2,100,000 |
Beds: |
24 |
Baths: |
-- |
Status: |
Active |
SqFt: |
10800 Square Feet |
Agency: |
Better Homes and Gardens Real Estate Thomas Group |
Agency Phone: |
(352) 226-8228 |
Description/Comments
Lot Size: |
0 acre(s) |
Property Type: |
Residential-Other |
Year Built: |
1981 |
Notes: |
Oak Terrace is a core investment type (aka mailbox money) multifamily complex comprised of 12 total units, consisting of eight (8) townhouse units of 2 bedroom, 1.5 baths and four (4) 2 bedroom 1 bathroom flats, each totaling 900/SF of conditioned space. Centrally located in the heart of one of SW Gainesville's highest growth areas, Butler Plaza and Celebration Point, Oak Terrace is 1.5 miles from the University of Florida, and within short distance to major retailers such as Target, Walmart, Best Buy, Dick's Sporting Goods as well as Publix, Aldi, Total Wine, Sam's Club, and Lowe's. Built in 1981 and 1982 with concrete block construction, Oak Terrace recently experienced full and complete remodels to their units both cosmetically and mechanically, inside and out. The current in-place rents are $1,222/month with 2024 rents already set at $1,350/month across all 12 units. Tenants pay all utilities through individual metering directly to the utility company. All units have washers and dryer hookups. Parking for Tenants is located directly in front of the building. |
MlsNumber: |
-- |
ListingId: |
GC516631 |
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Listing Provided By: |
Better Homes and Gardens Real Estate Thomas Group, original listing |
Phone: |
(321) 299-6983 |
Office Phone: |
(352) 226-8228 |
Agent Name: |
Ken Mears |
Disclaimer: |
Copyright © 2024 Better Homes and Gardens Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |