Sundial Apartments Multifamily
150-221 Southeast Sundial Place Lake City, FL 32025
For Sale
$10,200,000
107-unit multifamily property with 96% current occupancy and a mix of studios and 1BR apartments.
Property Size51,190 SF
Price / SF$199.26
Days on Market71
Property Features for 150-221 Southeast Sundial Place
General Information
Standard status
Active
Size
51,190 SF
Property subtype
Commercial Sale / Multi Family
Building Details
Year Built
1986
Listing Agency:
IRON VALLEY REAL ESTATE NORTH FLORIDA
(904) 545-4241
Listed By:
ELIZABETH M MOSES · License #3554885
(904) 545-4241
Source:
Compass
Added: May 18
Changed: Jul 20
Last Checked: Jul 26 at 1:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IRON VALLEY REAL ESTATE NORTH FLORIDA
Investment Insights
Based on property information with market context.
Sundial Apartments is a 107-unit multifamily community currently operating at 96% occupancy. The property’s unit mix includes 62 studio/efficiency units (400 sq ft), 37 standard 1BR units (550 sq ft), and 8 larger 1BR units (750 sq ft).
The asset is positioned in Lake City and described as benefiting from connectivity via I-10 and I-75. The offering highlights in-place income and historical occupancy, along with an opportunity for rental growth, as current lease rates are estimated to be approximately 10% below comparable properties.
The asset is positioned in Lake City and described as benefiting from connectivity via I-10 and I-75. The offering highlights in-place income and historical occupancy, along with an opportunity for rental growth, as current lease rates are estimated to be approximately 10% below comparable properties.
Key Highlights
- Sundial Apartments is a 107‑unit multifamily property with 96% current occupancy.
- Unit mix includes 62 studio/efficiency units at 400 sq ft; 37 standard 1BR units at 550 sq ft; and 8 larger 1BR units at 750 sq ft.
- Two‑story property built in 1986.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 107-unit multifamily property with 96% current occupancy and a mix of studios and 1BR apartments.
Where is this apartment building located?
The property is located at 150-221 Southeast Sundial Place Lake City, FL.
What is the asking price?
The asking price for this property is $10,200,000.
What are key features of this property?
This property features: Sundial Apartments is a 107‑unit multifamily property with 96% current occupancy.; Unit mix includes 62 studio/efficiency units at 400 sq ft; 37 standard 1BR units at 550 sq ft; and 8 larger 1BR units at 750 sq ft.; Two‑story property built in 1986.
