1533 S Bronough Street, Unit 0
Property Description
Excellent investment opportunity with this 13-unit student housing apartment complex ideally located near Florida A&M University (FAMU) in Tallahassee. The property consists of two buildings being sold together-one featuring 7 units and the second featuring 6 units. The unit mix includes twelve 2-bedroom/1-bath units (approximately 750 sq. ft.) and one 1-bedroom/1-bath unit (approximately 600 sq. ft.). Twelve of the thirteen units are currently leased, providing immediate income with only one 2/1 unit available for lease. Both two-story buildings have been renovated and offer onsite laundry facilities. The property's prime location places residents just minutes from Florida A&M University, Downtown Tallahassee, and Governor's Square Mall, making it highly desirable for student renters. Strong rental demand, a proven occupancy history, and proximity to major employment, retail, and campus destinations make this a compelling turnkey investment opportunity.
Broker Details
Thomas Lynne Realty Group, LLC 407-808-0899
MLS ID: 15750 State License Number: 3413786
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,900,000 |
| No. of Units: | 6 |
| Opportunity Zone: | No |
| Price per unit: | $316,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-TBRFL-397251
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