2959 Apalachee Pky | Tallahassee, FL 32301
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2959 Apalachee Pky
Tallahassee, FL 32301
Renaissance Apartments at Capital Circle · Multifamily Property For Sale
·
168 Units
INVESTMENT HIGHLIGHTS
- Centrally Located Near Key Demand Drivers
- Opportunity to Acquire a Turn-Key Asset
- Ability to Raise Rents Commensurate With Competitors
PROPERTY FACTS
| No. Units | 168 | Building Size | 158,106 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/2020 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 7.91 AC | ||
| Zoning | MF - Multi Family 10 Units Plus | ||
| No. Units | 168 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.91 AC |
| Building Size | 158,106 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2020 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | MF - Multi Family 10 Units Plus |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Hardwood Floors
- Stainless Steel Appliances
- Walk-In Closets
- Double Pane Windows
- Pantry
- Patio
SITE AMENITIES
- Business Center
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Planned Social Activities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 96 | - | 550 - 750 |
| 2+1 | 32 | - | 950 |
| 2+2 | 8 | - | 1,025 |
| 3+2 | 32 | - | 1,300 |
PROPERTY TAXES
| Parcel Number | 31-04-20-424-000.0 | Improvements Assessment | $10,214,434 |
| Land Assessment | $1,436,500 | Total Assessment | $11,650,934 |
PROPERTY TAXES
Parcel Number
31-04-20-424-000.0
Land Assessment
$1,436,500
Improvements Assessment
$10,214,434
Total Assessment
$11,650,934
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