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Multifamily

Village Trace

3291 Mission Rd, Tallahassee, FL 32303

Listing Price: Request For Offer

Number of Units
28
Occupancy
95.0%
Gross SF
16,352

Investment Overview

Marcus & Millichap is pleased to offer to qualified investors, Village Trace, a 28-Unit multifamily asset located in Tallahassee, FL.

Investment Highlights

  • 28-unit Multifamily Complex Consisting Of All Two-bedroom/One-bathroom Units
  • Ownership Has Renovated Mostly All Unit Interiors Since Acquisition In 2022
  • In 2014, Roofs Were Replaced And The Parking Lot Was Striped And Sealed
  • All Units Have Washer/Dryer Connections And Appliances Included
  • Ability To Implement Water/Sewer Reimbursement As Leases Turn, Potentially Adding Upward Of $8,000 In Other Income
  • Conveniently Located Next To Interstate-10, Providing Superior Access To Employment Centers To The East And West
  • Tallahassee Is Home To Florida's Capitol And Three Colleges/Universities, Which Account For More Than 65,000+ Students And 16,000+ Employees

Exclusively Listed By

Financing By

Multifamily

Village Trace

Listing Price: Request For Offer

Number of Units
28
Occupancy
95.0%
Gross SF
16,352

Investment Highlights

  • 28-unit Multifamily Complex Consisting Of All Two-bedroom/One-bathroom Units
  • Ownership Has Renovated Mostly All Unit Interiors Since Acquisition In 2022
  • In 2014, Roofs Were Replaced And The Parking Lot Was Striped And Sealed
  • All Units Have Washer/Dryer Connections And Appliances Included
  • Ability To Implement Water/Sewer Reimbursement As Leases Turn, Potentially Adding Upward Of $8,000 In Other Income
  • Conveniently Located Next To Interstate-10, Providing Superior Access To Employment Centers To The East And West
  • Tallahassee Is Home To Florida's Capitol And Three Colleges/Universities, Which Account For More Than 65,000+ Students And 16,000+ Employees

Investment Overview

Marcus & Millichap is pleased to offer to qualified investors, Village Trace, a 28-Unit multifamily asset located in Tallahassee, FL.

Exclusively Listed By

Financing By

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