914 SW 4th Ave. #36, Gainesville, FL 32601

MAJOR INVESTOR ALERT! PRICE REDUCED! FULLY OCCUPIED CONDO WALKING DISTANCE TO CAMPUS! CAP RATE OF 16.1%! This is a 4/1.5 concrete block condo on sorority row. Comes fully furnished. Complex contains an open courtyard with beautiful pool. Unit currently has 4 tenants, each renting for $300/month with a contract thru 7/14. Owner pays taxes of $120/month, insurance of $30/month, HOA of $265/month, electric bill of max of $150/month, and cable bill of $30/month. Units are priced below market value (see MLS #337740, #338993, #342148). Owner is looking to sell quickly. Only cash offers! 5+ Units.