For Sale
For Sale
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Year Built
1969
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Total Building Size
45,600 RSF
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Overview
Located in the Historic Park Avenue District of Tallahassee, between Magnolia Drive and Franklin Blvd. Recently remodeled one and two bedroom apartment complex on Park Avenue. This 'Class A' location is only eight blocks from Downtown Tallahassee and only a 15 minute walk to the State Capitol. There are 40 one-bedroom units and 16 two-bedroom units ranging in size from 700 sq. ft. to 1,100 sq. ft. These spacious apartments are well-appointed and most have tiled floors, washer/dryer in each unit, storage, balconies or patios and some with private landscaping.
Property Details
Located in the Historic Park Avenue District of Tallahassee, between Magnolia Drive and Franklin Blvd. Recently remodeled one and two bedroom apartment complex on Park Avenue. This 'Class A' location is only eight blocks from Downtown Tallahassee and only a 15 minute walk to the State Capitol. There are 40 one-bedroom units and 16 two-bedroom units ranging in size from 700 sq. ft. to 1,100 sq. ft. These spacious apartments are well-appointed and most have tiled floors, washer/dryer in each unit, storage, balconies or patios and some with private landscaping.
- Property TypeOffice, Multi-Family
- Year Built1969
- Sale Price$7,000,000
- Total Building Size45,600RSF
- Total Acres1.41
- Cap Rate7.0%
- Number of Floors2
- Sale StatusAvailable
- Property ID1971217