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401 W Park Ave
Tallahassee, FL 32301
The Edge at 401 · Multifamily Property For Sale
·
47 Units
Investment Highlights
- Consistently 100% Occupied
- Sparkling swimming pool with upgraded pool deck & newer pavers and inviting pergola and grilling areas
- Concrete block construction
- All units feature space-efficient dual-cycle washer/dryer appliances
- New fitness center and leasing office
- Ample parking with opportunity to derive parking income
Property Facts
| No. Units | 47 | Building Size | 27,213 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1972/2000 |
| Building Class | C | Parking Ratio | 2.94/1,000 SF |
| Lot Size | 0.84 AC | ||
| Zoning | CC - Central Core District. This district is specifically located within the Downtown Overlay, and its purpose is to create a dynamic and active central ar | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.84 AC |
| Building Size | 27,213 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2000 |
| Parking Ratio | 2.94/1,000 SF |
| Zoning | CC - Central Core District. This district is specifically located within the Downtown Overlay, and its purpose is to create a dynamic and active central ar |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Carpet
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Pool
- Property Manager on Site
- Cabana
- Furnished Units Available
- Grill
- Sundeck
- Walk To Campus
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 47 | - | 602 |
Property Taxes
| Parcel Number | 21-36-80-001-700.2 | Improvements Assessment | $3,000,048 |
| Land Assessment | $994,520 | Total Assessment | $3,994,568 |
Property Taxes
Parcel Number
21-36-80-001-700.2
Land Assessment
$994,520
Improvements Assessment
$3,000,048
Total Assessment
$3,994,568
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