This quadruplex is being offered together with an identical, adjacent quadruplex (same address, Parcel #: 00567-000-000). Both quads must be purchased together. Fully occupied and centrally located brick quadruplexes in the rapidly growing High Springs, FL market for sale. These quads feature a rare combination of location, condition, and stable occupancy. Very limited competing apartment inventory nearby. Both quads are being offered together at $900,000 ($450,000/quad). Located in High Springs, Florida - named the Friendliest Small Town by Floridian magazine and known as the Gateway to the Springs - this 8-unit portfolio offers the perfect blend of small-town charm and strong investment fundamentals. Situated just 20 miles northwest of Gainesville, High Springs has become a sought-after housing destination for all kinds of professionals, providing a deep, stable tenant pool. All 8 units are 1 bedroom/1 bathroom at 656 SF each, spread across two single-story brick buildings totaling 5,248 SF on 0.68 acres. Every unit is currently occupied with leases in place. In-place rents average $933/unit/month. Both buildings are professionally managed. Units are individually metered, tenants pay all utilities. Debt/Insurance quotes and financials available for review.
| MLS # | GC542058 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Pending |
| Year | 1981 |
| Days On Site | 49 |
| Listing Provided By | THE MULTIFAMILY ADVISORS | Joe Klenck |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,624 |
| Zoning | C2 |
| Acreage | 0.34 |
| Property | 5601 |
|---|
| State | FL |
|---|---|
| County | Alachua |
| City | HIGH SPRINGS |
| Zip Code | 32643 |
| Area | 32643 High Springs |
| Community Name | HIGH SPGS G E FOSTERS ADD FAIRMOUNT |
| Listing VS Median (in HIGH SPGS G E FOSTERS ADD FAIRMOUNT) | |
Price: $450,000 low | high Med: $450,000 sqft: 2,624 low | high Med: 2,624 $ / sqft: $171 low | high Med: $171 On site: 49 low | high Med: 49 | |
| State | FL |
|---|---|
| County | Alachua |
| City | HIGH SPRINGS |
| Zip Code | 32643 |
| Area | 32643 High Springs |
| Community Name | HIGH SPGS G E FOSTERS ADD FAIRMOUNT |
| Listing VS Median (in HIGH SPGS G E FOSTERS ADD FAIRMOUNT) | |
Price: $450,000 low | high Med: $450,000 sqft: 2,624 low | high Med: 2,624 $ / sqft: $171 low | high Med: $171 On site: 49 low | high Med: 49 | |