12 Units (4 triplex buildings) $122,400 Gross per year

3112 Mission Rd Tallahassee, FL 32303

3112 Mission Rd, Tallahassee, FL, 32303
3112 Mission Rd, Tallahassee, FL, 32303 3112 Mission Rd, Tallahassee, FL, 32303 3112 Mission Rd, Tallahassee, FL, 32303 3112 Mission Rd, Tallahassee, FL, 32303 3112 Mission Rd, Tallahassee, FL, 32303 3112 Mission Rd, Tallahassee, FL, 32303 3112 Mission Rd, Tallahassee, FL, 32303
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,150,000
Cap Rate:
8.00%
Last Verified:
Sep 20, 2023

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This offering has 4 separate adjacent Parcels; each Parcel has 3 large 1 Br / 1 Ba units, 100% leased. Most of the units are updated, and the buildings condition appears to be good. They have been professionally managed. Pro-forma Gross Rent of $850 per month / $122,400 per yr. Most units are well below market and are on a 30 day notice to vacate. Call Jim Brockett 850-459-4585 for a showing (need 24 hour notice to tenants)

Map of 3112 Mission Rd, Tallahassee, FL, 32303

Presented by:
Coldwell Banker Commercial Hartung & Noblin Inc.

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Jim Brockett


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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