6816 SW 4TH PLACE at

6816 SW 4TH PLACE

For sale Days on market 57

$2,200,000

$358/sq ft

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Overview

Year Built

1983

Sqft

6148

Property Type

Multi Family (5+)

Property Description

Virtually Staged. One or more photo(s) was 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.

Property Details

MLS#

O6419367

Total Floor in Bldg

Address

6816 4TH SW

City

Gainesville

State/county

Zip/Postal Code

32607

Area

Cedar Ridge Villas

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,979

Maint Fee

$--

Tax Year

2025

Dishwasher

Dryer

Refrigerator

Washer

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