414 SE 8TH STREET, Gainesville

Recently updated (2007), 8 unit apartment building with strong student tenant base, close to the University of Florida (1.3 miles). Property consists of one building, with 6 one bedroom / 1 bath and 2 two bedroom / 1 bath garden style apartments. Each apartment has a dedicated parking space. The one bedroom units are 6500+/-sf and the two bedrooms are 760+/- sf. The interior is a living room, kitchen with dining area, bedroom(s), walk in closet, a full bath and central heat and air with individual electric meters. *All units are full, occupancy is currently 100%. NOI is $28,170, income and expenses in attachments.