1824 Greentree Ln | Tallahassee, FL 32304
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1824 Greentree Ln
Tallahassee, FL 32304
The Highlands · Multifamily Property For Sale · 17 Units
Investment Highlights
- 17-Unit/78-Bed Student Housing Asset located in Tallahassee Built in 2017
- The Property Boasts Large Units Consisting of 1,540 Sq. Ft. 4x4 Townhomes, 1877 Sq. Ft. and 2,072 Sq. Ft. 5x5 Townhomes
- Amenities include Cardio Center, Swimming Pool with Tanning Deck, Pet Area, Washer/Dryer Appliances in Each Unit, and Private Entries
- Ability to Increase NOI by 17% by Increasing Rents and Creating Operational Efficiencies Through Change of Management
- Interior Finishes Include Granite Countertops, Stainless Steel Appliances, Subway Tile Backsplash, Shaker Style Cabinets, and Vinyl Plank Flooring
- Situated only 0.8 Miles from Florida State University’s West Side of Campus, comprised of the College of Medicine, College of Psychology, On Campus Gy
PROPERTY FACTS
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Granite Countertops
- Stainless Steel Appliances
Site Amenities
- Fitness Center
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 7 | $625.00 | 1,540 |
| 5+5 | 10 | $625.00 | 1,877 - 2,072 |
PROPERTY TAXES
| Parcel Number | 21-27-35-00A-001.0 | Improvements Assessment | $5,086,375 |
| Land Assessment | $187,000 | Total Assessment | $5,273,375 |
PROPERTY TAXES
Parcel Number
21-27-35-00A-001.0
Land Assessment
$187,000
Improvements Assessment
$5,086,375
Total Assessment
$5,273,375
zoning
| Zoning Code | MR-1 (Medium Density Residential) |
| MR-1 (Medium Density Residential) |
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