Great opportunity to purchase a solid income producing 15-unit apartment complex with upside!! This 2.84 Acre property includes 12 detached buildings with the potential to build additional units. Current Cap rate 8.7% plus owners unit rented would deliver an above 9.2% cap. Main house is subdivided which includes (4)-1/1 units. Situated only 3 miles from FSU College of Medicine, the location is convenient for FSU faculty/staff as well as for professionals.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.