Multi-Family•Low-Rise/Garden•For Sale

1956 Nicklaus Drive, Tallahassee, Florida 32301

Sale Price $285,000
Sale Type Investment
Year Built 1980
Stories 2
Cap Rate 7.90%
Vacancy 100%
Gross Bldg 3,904 SqFt
Land Area .29 Acres
Project Size 4
Net Op Inc $22,510.11
Under market rents in prime location. New roof and one unit completely renovated in 2019. Long occupancy history in a great location with lake and golf course view. Each unit has a patio area as well as a wood burning fireplace. Washer/dryer hook ups in every unit, with one set belonging to the landlord. Located just off Paul Russell Rd overlooking Dansereau Lake and Hilaman Golf Course.
1/3/2020 5:33:55 PM 1/3/2020 5:33:55 PM
Kat Butler
Commercial Advisor
NAI Talcor
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