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6 BEDS - BLOCKS FROM UF!! 1006 SW 8th Ave 2 Unit Apartment Building $995,000 ($497,500/Unit) Gainesville, FL 32601
Executive Summary
This 3 unit two building student housing rental property is in the heart of the best real estate in the county. All three units are 2 bedroom 1 bath and are leased thru July 2026. While the units were originally built in 1939 and 1940, they have been fully remodeled. The roofs are 2018 and 2006. All three units are on one parcel. Parental guarantees in place. These units are always fully occupied every year.
Property Facts
| Price | $995,000 | Building Size | 3,270 SF |
| Price Per Unit | $497,500 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 1939 |
| Property Type | Multifamily | Parking Ratio | 1.83/1,000 SF |
| Property Subtype | Apartment | Cross Streets | SW 10TH Street |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.14 AC | ||
| Zoning | RH2 - allows for single-family homes, duplexes, and sometimes townhomes or multi-family dwellings | ||
| Price | $995,000 |
| Price Per Unit | $497,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,270 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1939 |
| Parking Ratio | 1.83/1,000 SF |
| Cross Streets | SW 10TH Street |
| Opportunity Zone |
Yes |
| Zoning | RH2 - allows for single-family homes, duplexes, and sometimes townhomes or multi-family dwellings |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | 642 - 1,328 |
Bike Score®
Very Bikeable (88)
Property Taxes
| Parcel Number | 13196-000-000 | Improvements Assessment | $326,565 |
| Land Assessment | $182,952 | Total Assessment | $509,517 |
Property Taxes
Parcel Number
13196-000-000
Land Assessment
$182,952
Improvements Assessment
$326,565
Total Assessment
$509,517
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6 BEDS - BLOCKS FROM UF!! | 1006 SW 8th Ave
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