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6816 SW 4TH PLACE

Commercial For Sale
$2,200,000

BTC: 36.66666667

ETH: 1,419.35483871

New
0 room(s)
6,148 sqft

Overview

Virtually Staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1983
Lot:
0.35 Acres
Heating:
Central
Price/sqft:
$358
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$9,979
2025
All facts and features
  • Flooring

    • Laminate

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Refrigerator

    • Washer

  • Property

    • Levels: Two

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 06655070005

    • Zoning: R-3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Utility

    • BB/HS Internet Capable

    • Electricity Available

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,980

  • Source details

    • MLS ID: O6419367

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Lot Features: City Lot / Neighbourhood

    • Living Area: 6148

    • Water Source: Public

    • Subdivision Name: CEDAR RIDGE VILLAS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BLAIR REALTY GROUP INC