Sold

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.

Listed byBRG REALTY VENTURES
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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

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Sourced from: Stellar MLS MLS®#: R4909329 Last checked:

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