13 unit, 12 property residential investment portfolio - value add
$1,690,000
2325 Tina Drive, Tallahassee, FL 32301
13,000 sqft
Building Size
77
Occupancy
Details:
Highlights:
- 13-unit residential portfolio featuring single-family homes, townhomes, and duplexes with strong upside through rent growth and occupancy optimization.
- 12 properties totaling 13 residential units
- Mix of single-family homes, townhomes, and duplex units
- Current income with value-add rent growth potential
- Several properties feature recent capital improvements
- Opportunity to increase rents toward market rates
- Portfolio offered as one acquisition for operational efficiency
- Potential owner financing available for qualified buyers
- Located in Tallahassee, home to major universities, state government, and a strong rental demand base
Description:
12 Property portfolio, 13 units $130,000 per door. Owner Financing avail. WAC, and substantial down payment. Rents are currently under market. 3 units are currently vacant. ALL PROPERTIES MUST BE SOLD TOGETHER, INDIVIDUALLY THE PROPERTIES ARE WORTH MORE THAN THE PACKAGED PRICE. 6 townhomes, 1 duplex, 5 Single Family homes - CURRENT GROSS INCOME $14,250 per month, fully leased up at market rent should be $16,475 per mo. Most have recent roofs. Showings / inspections available with a contract. Call Jim for details
Located throughout Tallahassee, Florida, this residential portfolio benefits from one of North Florida's strongest and most stable rental markets. As the state capital, Tallahassee is home to Florida's government workforce, numerous state agencies, and major employers including Tallahassee Memorial HealthCare, HCA Florida Capital Hospital, and educational institutions. The area is anchored by three higher-education institutions—Florida State University, Florida A&M University, and Tallahassee State College—which collectively support consistent housing demand from students, faculty, and staff.
Residents enjoy convenient access to major transportation corridors, shopping, dining, healthcare facilities, parks, and employment centers throughout the city. Tallahassee's diverse economy, steady population growth, and limited housing inventory continue to support long-term rental demand, making this portfolio an attractive investment opportunity for both local and out-of-market investors seeking stable cash flow and future appreciation potential.
Documents:
| Title | ||
|---|---|---|
| 12 Property Portfolio FLYER.pdf |
Location
Gallery