2614 W Tennessee St

Property feature image
Address: 2614 W Tennessee St, Tallahassee, FL 32304, USA
Created date: February 26, 2025
Date last updated: February 26, 2025

Property Description

Low-Cost Provider with Significant Value-Add Upside : West 10 Apartments is currently renting at a notable discount compared to newer properties within the College Town, West Campus, and North Campus submarkets; Newmark estimates that investing around $3,180,000 (~$11,003 per unit) to complete the remaining value-add program for both individual units and community amenities could generate a blended premium of $68 per bed, increasing NOI by approximately $637,440, while still maintaining affordability relative to the broader market

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 312
Year Built: 2006
Lot Size: 19.83 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 2614 W Tennessee St, Tallahassee, FL 32304, USA
Provided by:

Similar Properties in the Area

3750 Northeast 169th Street

North Miami Beach, Florida
Florida & Gulf Coast + Apartment Buildings
Units: 1
Price: $219,000

Oak Park 9 Units with Pool

Oakland Park, Florida
Florida & Gulf Coast + Apartment Buildings
Units: 9
Price: $2,295,000

3960 NE 8th Ave

Oakland Park, Florida
Florida & Gulf Coast + Apartment Buildings
Price: $745,000
popup background image