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Golf Villas at Hilaman Golf Course 1660 Kay Ave

8 Unit Apartment Building $1,525,000 ($190,625/Unit) Tallahassee, FL 32301

Executive Summary

Located in the picturesque Hilaman Park neighborhood, this eight-unit apartment building averages 1,235 sf per unit. Property is conveniently located to the Southwood Community, Governor Square Mall, Apalachee Parkway, and Downtown Tallahassee. This multi-family property sits on Hilaman Golf Course, an 18-hole municipal course with apartments overlooking Green #14.
Several grocery stores, restaurants, shops, and professional offices help create this area while aligning with several well-established Tallahassee neighborhoods.
PROPERTY HIGHLIGHTS
Airbnb Opportunity
Long or Short Term Rentals
All Units Recently Updated - 2023
6 Units are Fully Furnished
Paved Front Door Parking
OWNER FINANCING AVAILABLE

Property Facts

Price $1,525,000
Price Per Unit $190,625
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.46 AC
Building Size 12,300 SF
Average Occupancy 100%
No. Stories 2
Year Built 2002
Parking Ratio 1.63/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 8 - 1,200

zoning

Zoning Code MR-1
MR-1
  • Listing ID: 32996837

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 1660 Kay Ave, Tallahassee, FL 32301

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