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Map
$1,625,000
●
Multifamily -
For Sale
302 Vantage Point Lane #APT161718
TALLAHASSEE, FL 32301
4 Beds
4 Baths
11040 Sqft
$7,980
Estimated Monthly
$0
HOA / Fees
About This Property
Gray and white pictures are digital renderings of what the exterior
could look like painted. Welcome to a rare investment in the heart
of Tallahassee! This is a package of 5 triplex totaling 15 units.
They are 5 separate parcels. This listing offers a prime
opportunity for investors looking for already stable rental income.
Each unit is a 1-bedroom, 1-bathroom, currently rented below market
rate at $750-$900 per month. Rents can be in the $1000 - $1100
range with some upgrades. The future owner can benefit from
existing leases while having the option to increase rental rates
over time. The affordable rental rates make these units highly
attractive to a wide range of tenants, always ensuring low vacancy
rates. Situated in a desirable neighborhood right off Park Ave and
Magnolia, tenants enjoy close proximity to local restaurants,
parks, and entertainment.
The manager has listed the unit size as 11040 square feet.
The manager has listed the unit size as 11040 square feet.
Unit Size
11,040Ft²
Days on Market
110 days
Land Size
-
Price per sqft
$147
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Last updated: 4 months ago (TBRFL #367831)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 27, 2024 | Listed by The Naumann Group Real Estate, Inc. | $1,625,000 | |
Listed by The Naumann Group Real Estate, Inc. | |||
Jan 16, 2024 | Listed by The Naumann Group Real Estate, Inc. | $325,000 | |
Listed by The Naumann Group Real Estate, Inc. | |||
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Gray and white pictures are digital renderings of what the exterior
could look like painted. Welcome to a rare investment in the heart
of Tallahassee! This triplex, one of five available for sale,
offers a prime opportunity for investors looking for already stable
rental income. Each unit is a 1-bedroom, 1-bathroom, currently
rented below market rate at $750-$900 per month. Rents can be in
the $1000-$1100 range with some upgrades. The future owner can
benefit from existing leases while…
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Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
302 Vantage Point Lane
302 Vantage Point Lane, Tallahassee, FL 32301
- 2 Units for Sale
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