$2,700,000

1022 SW 1ST AVENUE, Gainesville, FL 32601

  • 20 beds |
  • 14 baths |
  • 7,966 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $339/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own “block” only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it’s own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma. The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1,050 to 1,706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.

Listing Status:
Active
Date Added:
May 12, 2025 at 05:00AM
Listing Office:
BRG REALTY VENTURES : 352-871-8324
Listing Agent:
Beau Beery : 352-871-8324
MLS ID:
R4909329
  • General: Other
  • Laundry: Electric Dryer HookupWasher Hookup
  • A/C: Central Air
  • Heating: Electric

This listing courtesy of Beau Beery, BRG REALTY VENTURES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carolyn Beatrice Parker Elementary School

1912 NW 5th Ave, Gainesville, FL, 32603

Grades KG-5

0.83 miles away

A

A. Quinn Jones/Exceptional Student Center

1108 NW 7th Ave, Gainesville, FL, 32601

Grades 6-12

0.46 miles away

A

A. Quinn Jones/Exceptional Student Center

1108 NW 7th Ave, Gainesville, FL, 32601

Grades 6-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.