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    2560 SW 31ST Place

    Gainesville, FL 32608
    • $960,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 438356
    UPDATED: 63 min ago
    $960,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,520
      SQFT
    • $83
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Click the links herein to complete an electronic CA and receive the Offering Memorandum or view the Virtual Tour. Phoenix is a 355 unit HOA subdivision composed of duplexes, quadplexes, 6 plexes, and 8 plexes, of which this offering is for 12 of those units (two 6 plexes side by side). The property is located less than a mile south of the University of Florida and within 5 minutes driving distance to millions of square feet of retail and restaurants, including Butler Plaza, Celebration Pointe, Shands Hospital, the Veterans Administration Headquarters, three Publix centers, and I-75. All units are the same 2 bedroom 2.5 bath layouts measuring nearly 1,100 SF each. Here is the opportunity: The average in-place rent is $800/month with a range of $700-900/month. The last two units rented for $900/month. Rental comps in the immediate submarket support a $950-1,050 rent point for the units with very little upgrades necessary.

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    © 2020 Gainesville MLS, Inc. All Rights Reserved. Information deemed reliable but not guaranteed.The Broker Reciprocity logo designates real estate listings held by a brokerage firm other than Better Homes & Gardens Real Estate Thomas Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-10-21T11:07:08.393.
    www.thomasgrouprealty.com/homes/110492619
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    2560 SW 31ST Place Gainesville, FL 32608

    • Price: $960,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 438356
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    11,520
    SQFT
    $83
    $/SQFT
    1989
    Built
    Neighborhood:
    Phoenix
    County:
    Alachua
    Area:
    Alachua
    Elementary School:
    Idylwild Elem
    Middle School:
    Kanapaha Middle
    High School:
    Eastside High
    Property Description
    Click the links herein to complete an electronic CA and receive the Offering Memorandum or view the Virtual Tour. Phoenix is a 355 unit HOA subdivision composed of duplexes, quadplexes, 6 plexes, and 8 plexes, of which this offering is for 12 of those units (two 6 plexes side by side). The property is located less than a mile south of the University of Florida and within 5 minutes driving distance to millions of square feet of retail and restaurants, including Butler Plaza, Celebration Pointe, Shands Hospital, the Veterans Administration Headquarters, three Publix centers, and I-75. All units are the same 2 bedroom 2.5 bath layouts measuring nearly 1,100 SF each. Here is the opportunity: The average in-place rent is $800/month with a range of $700-900/month. The last two units rented for $900/month. Rental comps in the immediate submarket support a $950-1,050 rent point for the units with very little upgrades necessary.
    Property Features

    Association Fee Amount 3000 Association Fee Paid Yearly Bank Owned YN No Class Multi-Family Legal Description Phoenix S/D Phase Ii Replat A Pb M-51 Lots 39A 39B 39C 39D 39E & 39F Or 4159/ 1355 Short Sale YN No Sub Type 5-19 Units Tax Year 2019 Taxes Annual 6624

    Listing information © 2020 Gainesville MLS.
    Listing provided courtesy of Coldwell Banker M.M. Parrish Realtors.


    © 2020 Gainesville MLS, Inc. All Rights Reserved. Information deemed reliable but not guaranteed.The Broker Reciprocity logo designates real estate listings held by a brokerage firm other than Better Homes & Gardens Real Estate Thomas Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-10-21T11:07:08.393.
     
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    Gainesville FL, 32608