Property Overview:

• LOCATED RIGHT IN THE HEART OF TALLAHASSEE AND DIRECTLY NEXT DOOR TO FLORIDA A&M UNIVERSITY WITH A FANTASTIC CASH FLOW
• ALL UNITS ARE SET UP AS APARTMENTS AND ARE 100% OCCUPIED AT VARYING RATES
• THERE ARE STILL SOME VALUE-ADD CAPABILITIES IN THE PRICING STRUCTURE
• THE 16TH UNIT IS CURRENTLY BEING USED AS A TENANT LAUNDRY SPACE HOWEVER THERE IS THE CAPABILITY/SPACE TO DEVELOP A NEW LAUNDRY SPACE AND CONVERT THE CURRENT SPACE BACK INTO A RESIDENTIAL APARTMENT UNIT
• PROPERTY HAD A COMPLETE REHAB IN 2021 SO THE ROOF, INTERIORS OF CURRENT UNITS AND ALL SYSTEMS ARE IN GREAT SHAPE
• CURRENTLY GROSSING $8,070 PER MONTH HOWEVER HAS THE CAPABILITY TO CASH FLOW OVER $9,200 PER MONTH
• PROPERTIES OF THIS STATURE ARE HIGHLY SOUGHT AFTER