Special Purpose•Other•For Sale

Oxford Transition House

1408 Tharpe Street, Tallahassee, Florida 32303

Sale Price $350,000
Class B
Year Built 2007
Stories 2
Cap Rate 8.18%
Gross Bldg 2,027 SqFt
Net Op Inc $28,639
Currently leased as transition housing through Oxford House Firefly There are 9 residents that occupy the building Lease term 5-Years expires in June 2024 5-Year Option in place for June 2029 with 10% increase ($3,025/Month) Located on Tharpe just past Old Bainbridge Rd.
  • Currently leased as transition housing through Oxford House Firefly
  • There are 9 residents that occupy the building
  • Lease term 5-Years expires in June 2024
  • 5-Year Option in place for June 2029 with 10% increase ($3,025/Month)
3/12/2020 9:26:54 PM 3/24/2020 1:36:07 PM
Kat Butler
Commercial Advisor
NAI Talcor
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