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The Palms Condominiums 230 SW 2nd Ave 32 Unit Apartment Building $7,000,000 ($218,750/Unit) Gainesville, FL 32601
Investment Highlights
- 32 Good Condition Units
- Common Area with Pool
- 2 Bed, 2 Bath units with Varying Floorplans
- Majority Ownership of Complex
- Property has 0 Vacancy
Executive Summary
32 Residential 2 Bed & 2 Bath Units with Varying Floorplans. Complex has 0 Vacancies and includes Majority Ownership of the Complex. Complex also has a Common Area with a Pool. Asking $7,000,000.
Please do NOT call for more information.
Email your information and interest in the property to Team@Portalgainesville.com
Please do NOT call for more information.
Email your information and interest in the property to Team@Portalgainesville.com
Property Facts
| Price | $7,000,000 | Building Class | B |
| Price Per Unit | $218,750 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 70,532 SF |
| No. Units | 32 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2008 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Price | $7,000,000 |
| Price Per Unit | $218,750 |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 70,532 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2008 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Pantry
Site Amenities
- 24 Hour Access
- Controlled Access
- Pool
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 32 | - | 1,100 - 1,200 |
1 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (100)
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,450,000 | |
| Land Assessment | $0 | Total Assessment | $2,450,000 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$2,450,000
Total Assessment
$2,450,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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The Palms Condominiums | 230 SW 2nd Ave
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