1325 W Tharpe St | Tallahassee, FL 32303
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1325 W Tharpe St
Tallahassee, FL 32303
Canyon Park Apartments · Multifamily Property For Sale
·
252 Units
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Acquire a Stabilized Student Housing Conversion to Market Rate Multifamily
- Impressive Upside Potential Through Continued Renovations
- Excellent Connectivity to Leading Employment Drivers
- Significant Mark-to-Market Opportunity
- Immediate Ability to Capture Additional Income;Exceptional Visibility to W. Tharpe Street
- Extensive Transformative Capital Improvements totaling over $6,675,000 ($26,488/unit)
PROPERTY FACTS
| No. Units | 252 | Building Size | 247,650 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1998/2021 |
| Building Class | B | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 22.49 AC | ||
| Zoning | MR-1 | ||
| No. Units | 252 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 22.49 AC |
| Building Size | 247,650 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2021 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | MR-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Spa
- Tenant Controlled HVAC
- Basketball Court
- Furnished Units Available
- Gameroom
- Volleyball Court
- Lounge
- Maintenance on site
- Sundeck
- Roommate Matching
- Study Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 23 | - | 525 |
| 2+2 | 229 | - | 825 - 1,000 |
PROPERTY TAXES
| Parcel Number | 21-26-20-224-000.0 | Improvements Assessment | $25,753,200 |
| Land Assessment | $2,746,800 | Total Assessment | $28,500,000 |
PROPERTY TAXES
Parcel Number
21-26-20-224-000.0
Land Assessment
$2,746,800
Improvements Assessment
$25,753,200
Total Assessment
$28,500,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
