636 NW 26th Ave, Gainesville, FL 32609
Residential property for sale
- Description
- Rare 2 apartment complexes for sale totaling 72 units. There are 36 units (twenty 1/1s and sixteen 2/2s) on 3.66 acres at Bel-Air Apartments at 636 NW 26th Avenue and 36 one bedroom one bath units on 1.84 acres at Village West Apartments at 800 NW 18th Avenue. Both complexes must be purchased together b/c both properties are subject to a Freddie Mac loan, which must be assumed by the buyer, at an interest rate of 4.95% and expiring in December of 2020. Complete records available to qualified buyers, inclu ding trailing 12 month performance, rent rolls, capx expenditures, etc. Value add is that owner is strictly a student housing owner trying to lease and manage these traditional units using a student platform. Opportunity for more NOI
- Property Details
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Property Type: Multifamily Home Status: Available Price: $ 3,003,000 Building Size: 46,990 SF Year Built: 1973 Buildings: 1 Added: 01/03/2014 - Note
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