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Description
This is 10 minutes north of Gainesville, FL in High Springs, which was named the 'Friendliest Small Town by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units. There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k). Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #
Property Highlights
Property Type: Commercial - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 6.00 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $43,053
Year Built: 1983
General Information
County: Alachua
Subdivision: HAMILTON ESTATE
Listed By:
Beau Beery
THE MULTIFAMILY ADVISORS
352-871-8324
MLS ID: GC541957
Property Features
Appliances: Refrigerator
Days on Site: 53
Directions: From I-75 and US 441, head north on 441 towards High Springs. Turn right on NW 204th Avenue, just past the Winn-Dixie. Subject property will be on the left.
Exterior: Brick
Flood Zone Code: X
Flooring: Carpet, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Other
Lot: Cul-De-Sac
Lot Dimensions: 6
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sale Includes: Building(s) and Land, Furniture/Fixtures, Leases
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Units: 28
Water: Public
Water Access Y/N: No
Zoning: C3
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20420 NW 243rd Drive, High Springs, FL 32643.
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