914 SW 8th Ave. #34, Gainesville, FL 32601

MAJOR INVESTOR ALERT! FULLY OCCUPIED CONDO WALKING DISTANCE FROM UF! CAP RATE OF 14.8%. This is a 4/1.5 concrete block condo located on sorority row. Recently upgraded tile flooring downstairs (2009) and wood laminate flooring upstairs (2011) as well as fully remodeled bathroom (2011). Currently has 4 tenants paying $300/month leased thru 7/14. Unit comes fully furnished. Owner also pays taxes of $120/month, insurance of $30/month, HOA of $265/month, electric bill with max at $150/month, and cable of $80/month. Priced below market value (see MLS #338993 and #342148). Owner wants to sell quickly and iis willing to give additional 7% discount off purchase price if buyer buys all 3 units (MLS# 345904 and #345890) by 10/10. Cash offers only! 5+ Units.