20420 NW 243RD DR, HIGH SPRINGS, FL, 32643
$2,650,000
Commercial Sale
|
Living Area
21,499 Sqft
|
Lot Size
261,360 Sqft
|
This is 10 minutes north of Gainesville, FL in High Springs, which was named the “Friendliest Small Town” by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units. There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k). Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRGC541957 | Year Built: | 1983 | |
| Appliances: | Refrigerator | Construction Materials: | Brick | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Alachua | Flooring: | Carpet, Tile | |
| Foundation Details: | Slab | Heating: | Central | |
| Income Includes: | Laundry, Parking | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Other | Lot Features: | Cul-De-Sac | |
| Possession: | Close Of Escrow | Property Sub Type: | Multi-Family 5+ | |
| Property Type: | Commercial Sale | Road Frontage Type: | City Street | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only, Call Listing Agent | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Water Source: | Public | |
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