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Property Description

Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city’s vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don’t miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!

Features
Electric
Central Air
Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater, Range
Other
Ceiling Fan(s)
Laundry Closet
Shingle
Public Sewer
Public
Address Map
FL
Alachua
GAINESVILLE
32607
6816 SW 4TH PLACE
0
W83° 35' 4.2''
N29° 38' 55.9''
From Turnpike North on I-75 north, Take Exit 26 to W Newberry Rd, take left(W) left on NW75 St, Left on SW8th Ave the Left on SW 67 terrace and Left on SW 4th Place.
CEDAR RIDGE VILLAS
Additional Info
HPL REALTY INVESTMENTS
Moshe Sheffi
Block, Concrete
0
Slab
12 Months
272503835
261019803
16
No
$15,405
2023
Public
R-3
01/23/2025 21:37:51
$0

6816 SW 4TH PLACE, GAINESVILLE, Florida 32607

6816 SW 4TH PLACE, GAINESVILLE, Florida 32607

12,296 Sqft
$1,699,000
Listing ID #O6274431
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : O6274431
Price : $1,699,000
Square Footage : 12,296 Sqft
Year Built : 1983
Lot Area : 15,246 Sqft
Standard Status : Active
MLS Status : Active
Property Type : Multi Family
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