Property Description

Eightplex investment opportunity! Located in the Tower Village subdivision, this single structure concrete block property is comprised of eight 2BR/1BA units, each roughly 768 sqft. Avg. in-place rent/unit is $913/month with market rents in the same subdivision reaching $1,200+. All units have washer/dryer connections. 3 HVAC systems are new, 2019 asphalt shingle roof, all gas water heaters. Located less than 15 minutes away from the University of Florida and major retail/shopping centers. Units have a varying degree of upgrades including but not limited to flooring, cabinetry, fixtures, appliances, etc. Net income is pro-forma estimate. Professionally managed, vacant unit is available for tours.