Cactus Rentals

Multi-Family for Sale
Catylist Listing ID: 30445087
Property Subtypes: Low-Rise/Garden, Student Housing, Other
Number of Units: 2 Units
Building Size (RSF): 1,925 SF
Gross Building Area: See Agent
Gross Land Area: 0.95 Acres
Sale Price: $245,000
Unit Price: $122,500 Per Unit
Property Use Type: Investment
Building Name: Cactus Rentals
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2019

Overview / Comments

217 Cactus is 1,900 sq. ft. 3BR/2B rented for $1,350/month
213 Cactus is 1,200 sq. ft. 3BR/3B rented for $1,200/month.

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Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 212840 D0140
Zoning: RP-1
Site Description: Two single family rental homes that are currently occupied. There is a combined rental income of $2,550/month. See pro-forma. Units are rented through 2020. Great rental history with excellent management in place. Two other rental houses located at 202 & 206 Cactus St are also available. Owner is a licensed real estate broker.
Area Description: This property is located on Cactus Street between Pensacola Street & Tennessee Street. Conveniently located between FSU & TCC.
Total Number of Buildings: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,268 86,665 146,396
Median Age: 22.88 25.18 29.42
Households: 6,928 33,306 58,907

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