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2560 SW 31ST PLACE

Multi-family Recently Sold
$920,000

BTC: 9.89247312

ETH: 271.83146449

Sold on: 2020-11-11
44 days
0 room(s)
11,520 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Click the links herein to complete an electronic CA and receive the Offering Memorandum or view the Virtual Tour. Phoenix is a 355 unit HOA subdivision composed of duplexes, quadplexes, 6 plexes, and 8 plexes, of which this offering is for 12 of those units (two 6 plexes side by side). The property is located less than a mile south of the University of Florida and within 5 minutes driving distance to millions of square feet of retail and restaurants, including Butler Plaza, Celebration Pointe, Shands Hospital, the Veterans Administration Headquarters, three Publix centers, and I-75. All units are the same 2 bedroom 2.5 bath layouts measuring nearly 1,100 SF each. Here is the opportunity: The average in-place rent is $800/month with a range of $700-900/month. The last two units rented for $900/month. Rental comps in the immediate submarket support a $950-1,050 rent point for the units with very little upgrades necessary.

Location

Florida • Gainesville • 32608 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1989
Lot:
No Data
Heating:
No Data
Price/sqft:
$83
Cooling:
No Data
HOA:
$3,000
All facts and features

  • Other Property Information

    • Parcel Number: 07314139000

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Other financial information

    • HOA: $3,000

    • HOA Frequency: Annually

    • Annual tax amount: $6,624

  • Source details

    • MLS ID: GC438356

    Other facts

    • Living Area: 11520

    • Subdivision Name: Phoenix

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The multiple listing information is provided by the Gainesville-Alachua from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Gainesville-Alachua. 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: Coldwell Banker M.M. Parrish Realtors