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
2100 Apalachee Pky
Tallahassee, FL 32301
Ridgewood Apartments · Multifamily Property For Sale
·
105 Units
PROPERTY FACTS
| No. Units | 105 | Building Size | 58,752 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1981 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 6.63 AC | ||
| Zoning | CP | ||
| No. Units | 105 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.63 AC |
| Building Size | 58,752 SF |
| Average Occupancy | 97% |
| No. Stories | 1 |
| Year Built | 1981 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | CP |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Patio
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Laundry Service
- Public Transportation
ABOUT 2100 APALACHEE PKY , TALLAHASSEE, FL 32301
Capstone Apartment Partners is pleased to present Ridgewood Apartment Homes: a 105-unit multi-family asset located near the heart of Tallahassee, FL. The property is comprised of fourteen (14) one-story buildings with a mix of studios, one and two-bedroom units. 65% of all the units have been renovated over the past 2 years; allowing ownership to capture higher rents commensurate with the submarket competitors, while reducing capital required for future interior renovations. Several operational value-add opportunities exist, including completion of the unit upgrade program and elimination of all loss-to-lease. Furthermore, the property is extremely well-located in the market, with prime accessibility and proximity to national brand retailers, numerous office parks, healthcare/government locations, and key educational demand drivers. With over 89,000 jobs within 10 minutes of the property, Ridgewood is in a prime location to capitalize on a vast employment base.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 15 | $645.00 | 288 |
| 1+1 | 83 | $675.00 | 576 |
| 2+1 | 4 | $840.00 | 864 |
| 2+2 | 3 | $850.00 | 864 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,357,512 | |
| Land Assessment | $892,500 | Total Assessment | $5,250,012 |
PROPERTY TAXES
