1022 SW 1st Avenue, Gainesville, FL 32601
- Beds
- 20
- Baths
- 14
- Sqft
- 7,966
View property features, location on map, relevant school information and overview from seller's agent.
- 11
- 0
Overview
Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own “block” only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it’s own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma.
The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1,050 to 1,706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 20
- Number of bathrooms
- 14
- Square feet
- 7,966
- Lot size (acres)
- 0.50
- Year built
- 1935
Utilities
- Heating
- Electric
- Cooling
- Central air
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $21,136.93
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: R4909329 Last checked: …
