100% Occupancy, NOI $38K, 8-Unit Student Complex at UF
Property Location
531 SE 2nd Place
Gainesville, FL 32601
Features
Units: 8
Bedrooms: 11
Bathrooms: 7
352-226-3535
Cash-flowing property with 100% occupancy 10 year track record.
This 8 unit Student Apartment Complex is at 100% occupancy with and occupied in in the middle of the student population at the University of Florida.
Annual Income: $58,560 - $64,500
Expenses:
Taxes: $4,200
Insurance: $4,200
Utilities: $11,450
Maintenance: $4,200
Annual NOI: $38,600
The large & spacious, downtown historic house, offers a unique outlook on college living with hardwood floors, open porches, and the little extras found in this vintage home make this a unique find for anyone resulting in 100% occupancy for 10 years.
This 8 unit Student Apartment Complex is at 100% occupancy with and occupied in in the middle of the student population at the University of Florida.
Annual Income: $58,560 - $64,500
Expenses:
Taxes: $4,200
Insurance: $4,200
Utilities: $11,450
Maintenance: $4,200
Annual NOI: $38,600
The large & spacious, downtown historic house, offers a unique outlook on college living with hardwood floors, open porches, and the little extras found in this vintage home make this a unique find for anyone resulting in 100% occupancy for 10 years.