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1027 Crossing Brook Way
Tallahassee, FL 32311
Crossing Brook Villas · Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.39 AC
Building Size 3,800 SF
Average Occupancy 100%
No. Stories 2
Year Built 1982
Parking Ratio 1.58/1,000 SF
Zoning MR-1

ABOUT 1027 CROSSING BROOK WAY , TALLAHASSEE, FL 32311

This is a great investment opportunity! This Property is a Multifamily home consisting of 4 units in good condition, 100% tenant occupied with great parking lot space and surrounded by nature and other townhomes. It is located on the SE side of Leon County in a residential area off of Apalachee Parkway in a complex known as Crossing Brook Villas which consists of 4 quadruplex buildings, it is close to neighbourhood schools, shopping centers and work centers, being within walking distance to Lincoln High School. It is an amazing investment opportunity with a great NOI and tons of market potential. * Prime investment property. This multifamily building has 4 apartments 100% occupy by tenants. Great location in uprising market analysis zone/area. Great investment opportunity. * For sale by owner, serious buyers only. About 1027 Crossing Brook Way, located in Leon County Florida has the unique sustainable and environmentally friendly elements project to provide unparalleled access and convenience for its residents. * Crossing Brook Villas provides the ease and convenience of pedestrian urban living while creating a highly efficient and resource friendly atmosphere tenants have come to expect in today’s rental market. The two story building consists on affordable units on the first and second floors. * The first and second floors consist of the following units: Two 3 bedroom, 1 bath spaces, Two 3 bedroom, 1 bath units, surrounded by trees. In addition, the building is maintained by one of the best property management companies in Tallahassee, FL. * Its attractive location with upside potential/quality property in Leon County is well suited to provide investors with healthy returns and long-term appreciation.Water/Sewer & Electric separately metered & paid by tenants in all four units. * Location is poised for substantial appreciation. Arguably one of the highest demanded areas for tenants. Crossing Brook Villas is an excellent opportunity to acquire a very low deferred maintenance multifamily property, in an irreplaceable location. * Substantial upside. This asset is perfect for an owner-user who can live/work in one unit and receive rental income on additional units. Property is 100% percent occupied. Please do not disturb tenants. Showings by appointment only, selling by owner and no owner financing available. Thank you for your interest on this property.

  • Listing ID: 19130353

  • Date on Market: 4/6/2020

  • Last Updated:

  • Address: 1027 Crossing Brook Way, Tallahassee, FL 32311