Investment Overview

Marcus & Millichap is excited to present Sundial Apartments (“The Property”), a 107-unit multifamily residential complex built in 1988, strategically located in Lake City at the juncture of Interstate-10 and Interstate 75, representing the #2 rent-growth MSA in Florida. This concrete-block-construction asset is composed of three two-story buildings, sprawling across 6.63 acres (16.14 units per acre) with lush landscapes, and features including a dedicated leasing office, multiple laundry facilities, and a fenced-in pet park with additional green space available for expended amenity offerings. Sundial Apartments can be purchased free & clear of any debt or by assuming the attractive below-market existing loan.