Legacy Parc

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Address: 457 White Dr, Tallahassee, FL 32304, USA
Created date: March 18, 2025
Date last updated: March 25, 2025
  • 30-Unit Multifamily Asset Consisting Of One, Two, And Three-Bedroom Units With Proximity To All Major Job Hubs, Retail, And Entertainment In Tallahassee.
  • A New Investor Will Be Able To Increase The Average Effective In-Place Rents By Nearly 25% Through Increasing Current Leases To Competitive Market Rates After Implementation Of The Buyer’s Business Plan.
  • Located Within 2-Minutes Of National Retailers And Restaurants Of West Tennessee Street (Publix, Target, Walgreens, Starbucks, Chick-Fil-A, Etc.).
  • Investors Have The Unique Opportunity To Replace The In-Unit Dishwashers With All-In-One Washer/Dryers, Providing Residents With An Amenity That Is Relatively Rare With Similar Assets In The Immediate Marketplace.
  • The Property Is Currently 100% Occupied, Providing A New Investor With Premium Stabilized Cash Flow At The Beginning Of The Ownership.
  • Tallahassee Is The 5th Fastest Growing Place In America In 2024-2025.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 30
Lot Size: 24,216.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 457 White Drive, Tallahassee, FL 32304, USA
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