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$2,200,000 / 2br - 12296ft2 - ★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! (Gainesville)

6816 SW 4th Place, Gainesville, FL 32607

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★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 1
★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 1 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 2 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 3 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 4 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 5 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 6 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 7 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 8 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 9 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 10 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 11 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 12 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 13 thumbnail★★ STABILIZED 16-UNIT MULTIFAMILY PORTFOLIO – 8.3% CAP RATE – NO HOA! 14 thumbnail
6816 SW 4th Place

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2BR / 0Ba 12296ft2
license info: Florida License SL680620
apartment
w/d in unit
off-street parking
air conditioning

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STOP FIGHTING OVER LOW-YIELD COMPRESSION. Cash in on a high-performing, turnkey asset in the booming Gainesville market. Blair Realty Group is pleased to present the Cedar Ridge Villas Portfolio—a stabilized, 94% 15 occupied of 16-unit multifamily asset offered at a strong 8.3% current Cap Rate. THE INVESTOR ADVANTAGE (No High Student Turnover!)Unlike traditional student housing, this portfolio draws a highly stable, long-term tenant base comprised of local workforce. The Anchor: Located just 8 minutes from the HCA Florida North Florida Regional Medical Center and right off the I-75 corridor. Resilient Income Stream: Widespread stability with government-backed program anchors (including premium VA supportive housing leases paying up to $2,000/mo for 2BR units). PROPERTY CONFIGURATION & SPECIFICS: The Layout: Spread cleanly across two contiguous, legally distinct 8-unit parcels (immense structural and financing flexibility!). Unit Mix: Perfectly balanced with (8) 1BR/1BA units (~573 SF) and (8) 2BR/2BA units (~850 SF). Low Overhead: ZERO HOA fees to eat into your margins, concrete block construction, and located entirely in Flood Zone X (meaning low insurance friction). RECENT CAPITAL IMPROVEMENTS (Heavy Cap Ex Mitigated):The current ownership has heavily upgraded the property, allowing you to collect yield from day one without a massive maintenance punch list: Brand-new HVAC units installed. Partial roof repairs completed. Extensive interior appliance upgrades. One unit completely stripped down to the studs and fully modernized. Immediate organic upside to push remaining below-market rents. NEXT STEPS / REQUEST THE OM: Asking Price: $2,200,000 Full Offering Memorandum (OM), visual media suite, and high-level financials are available for serious inquiries. Contact Listing Broker Directly: Reuben Simmonds Jr. – Blair Realty Group Call/Text: show contact info
. Principals and cooperating brokers welcome. Please do not disturb tenants or walk the parcels without a scheduled appointment.

post id: 7943949424

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