Dior Townhomes
- - Thirty-Four (34) Unit Townhome Community Located in Tallahassee, The State Capital of Florida
- - Built in 1999, the Property Features (34) 2x2.5 Townhome Units with 1,000 Rentable SqFt
- - Eleven (11) Units Have Been Fully Renovated Since 2023, Leaving an Investor the Opportunity to Continue Renovations on the Remaining Twenty-Three (23) Standard Units
- - Unit Amenities Include Stainless Steel Appliances, Quartz Countertops, Sleek Wood-Grain Cabinets, Extended Breakfast Bars, Vinyl Plank Flooring on The First Floor, Upgraded Light Fixtures, New Bathroom Vanities & Toilets, and More
- - All Units Have Full Size In-Unit Wash/Dryer Appliances and Connections
- - In-Place Rents Average 14% Below The Average of The Rent Comparables, Leaving Room For Upside By Setting New Rents To Be In-Line With Nearby Properties
- - Near-Term Opportunity to Increase the Average Rent by $190+/month
- - Operational Value-Add Potential By Changing Management Companies To A Third-Party Company With An Existing Presence And Personnel In The Market. Contact A Listing Agent To Inquire About Potential Management Options
Broker Details
SP Multifamily Group, Marcus & Millichap 407.557.3888
Broker Details
SP Multifamily Group, Marcus & Millichap 407-557-3889
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 34 |
| Year Built: | 1999 |
| Lot Size: | 34.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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