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.
Lease do NOT call for more information.
Email your information and interest in the property to Team@Portalgainesville.com
Lease do NOT call for more information.
Email your information and interest in the property to Team@Portalgainesville.com
PROPERTY FACTS
| 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 of 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (100)
