About 3117 Parklawn Street, Tallahassee, Florida, 32304
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.
Total Units : 15
Utilities : Cable, Electric
Property Use : Income
Type of Building : Other, Resident. Multi-Fam.
Available Info : Photos
Zoning : OR-3
Fire Protect : None, Smoke Detector
Heating System : Central, Other
Cooling System : Central Building, Wall-Win A/C
Roof : Comp Shingle
Flooring : Wood Floor
Miscellaneous 1 : Fenced, Landscaped, Laundry
Total Units : 15
Utilities : Cable, Electric
Property Use : Income
Type of Building : Other, Resident. Multi-Fam.
Available Info : Photos
Zoning : OR-3
Fire Protect : None, Smoke Detector
Heating System : Central, Other
Cooling System : Central Building, Wall-Win A/C
Roof : Comp Shingle
Flooring : Wood Floor
Miscellaneous 1 : Fenced, Landscaped, Laundry
Street Address: 3117 Parklawn Street
City: Tallahassee
State: Florida
Postal Code: 32304
County: Leon
Directions:
GPS
Property Information :
Listing Status: Active
MLS #: 10995144
Bathrooms: 15 ba
Price: $1,950,000
Tax Amount: 9418.00
Construction Status: Built in 2019
Last Modified : Sep 6 2024 4:10PM
Courtesy of: Joan Maria Hage, Realty One Group Engage (MLS# 279063481)
Source MLS: BEACHES