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1585 NW 29th Rd - Eagle Trace Townhomes 8 Unit Apartment Building Offered at $2,027,000 Gainesville, FL 32605
Investment Highlights
- New Contstruction
- 1-Year Builder Warranty Upon Closing
- 2.3 Miles from the University of Florida
- Low Maintenance
- All appliances included and window blinds
- Close to Areas Largest Medical Hubs
Executive Summary
Exceptional opportunity to acquire a full new construction 8-unit building located just 2.3 miles from the University of Florida and steps from Gainesville’s major medical hubs, including UF Health Shands Hospital and North Florida Regional Medical Center. All units are 3-bedroom/3.5 bath townhouse style units. Situated within Gainesville’s best-selling condo development over the past 2 years, this asset offers investors a rare combination of premium construction, strong tenant demand, and long-term scalability.
Set on a 27-acre master-planned community with a lake, residents enjoy a serene, park-like environment complemented by a modern clubhouse, resort-style pool, and fitness center. The property consistently attracts Class A and Class B tenants, driven by its luxury finishes(quarts countertops, stainless appliances, etc), proximity to major employment centers, and high overall desirability.
Set on a 27-acre master-planned community with a lake, residents enjoy a serene, park-like environment complemented by a modern clubhouse, resort-style pool, and fitness center. The property consistently attracts Class A and Class B tenants, driven by its luxury finishes(quarts countertops, stainless appliances, etc), proximity to major employment centers, and high overall desirability.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Family Room
- Handrails
- Linen Closet
- Pantry
- Vinyl Flooring
Site Amenities
- Clubhouse
- Fitness Center
- Pool
- Private Bathroom
- Fiber Optic Internet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 8 | $2,100 | 1,187 |
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
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1585 NW 29th Rd - Eagle Trace Townhomes
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