4251 SW 21st Pl
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4251 SW 21st Pl
12 Unit Apartment Building $2,100,000 ($175,000/Unit) Gainesville, FL 32607
Investment Highlights
- Centrally located in the heart of one of SW Gainesville’s highest growth areas, Butler Plaza and Celebration Point
- Close to major retailers such as Target, Walmart, Best Buy, Dick’s Sporting Goods as well as Publix, Aldi, Total Wine, Sam’s Club and Lowe's
- The current in-place rents average $1,400/ month across all 12 units.
- 1.5 miles from the University of Florida
- Built in 1981 and 1982 with concrete block construction, Oak Terrace recently experienced full and complete remodels
Executive Summary
Oak Terrace is a core investment type multifamily complex comprised of 12 total units, consisting of eight (8) townhouse units of 2 bedroom, 1.5 baths and four (4) 2 bedroom 1 bathroom flats, each totaling 900/SF of conditioned space.
Property Facts
| Price | $2,100,000 | Building Class | C |
| Price Per Unit | $175,000 | Lot Size | 0.51 AC |
| Sale Type | Investment | Building Size | 10,800 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1981 |
| Apartment Style | Garden | Parking Ratio | 1.48/1,000 SF |
| Price | $2,100,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 10,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 1.48/1,000 SF |
Unit Amenities
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 900 |
| 2+1.5 | 8 | - | 900 |
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Bike Score ®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 06741-010-004 | Improvements Assessment | $883,253 |
| Land Assessment | $4,779 | Total Assessment | $888,032 |
PROPERTY TAXES
Parcel Number
06741-010-004
Land Assessment
$4,779
Improvements Assessment
$883,253
Total Assessment
$888,032
zoning
| Zoning Code | U9 |
| U9 |
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4251 SW 21st Pl
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