1533 S Bronough Street A-F, Tallahassee, FL 32301
sale
$1,900,000
|
Other
Courtesy Of Thomas Lynne Realty Group, LLC
Excellent investment opportunity with this 13-unit student housing apartment complex ideally located near Florida A&M University (FAMU) in Tallahassee. The property consists of two buildings being sold together-one featuring 7 units and the second featuring 6 units. The unit mix includes twelve 2-bedroom/1-bath units (approximately 750 sq. ft.) and one 1-bedroom/1-bath unit (approximately 600 sq. ft.). Twelve of the thirteen units are currently leased, providing immediate income with only one 2/1 unit available for lease. Both two-story buildings have been renovated and offer onsite laundry facilities. The property's prime location places residents just minutes from Florida A&M University, Downtown Tallahassee, and Governor's Square Mall, making it highly desirable for student renters. Strong rental demand, a proven occupancy history, and proximity to major employment, retail, and campus destinations make this a compelling turnkey investment opportunity.
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Property Features
- Building Units: 6
- Cooling System: Central Air
- Exterior Type: Concrete
- Exterior Type: Block
- Heating System: Central
- MLSID: 397277
- Roof Type: Built-Up
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