422 SW 69TH STREET Gainesville, FL 32607

Building Details

Year Built

1984

Listing agency BLAIR REALTY GROUP INC v***@juno.com Show Phone

Listed by Reuben Simmonds, Jr · License #680620

Source Miharaandassociates

Added: Jun 24 Updated: Jul 21 at 1:16PM Checked: Jul 21 at 1:16PM

Report an Issue

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 BLAIR REALTY GROUP INC

---

Investment Insights

Based on property information with market context.

Cedar Ridge Villas Portfolio is a stabilized 16-unit multifamily offering comprising two contiguous, legally distinct 8-unit parcels. The unit mix is eight 1BR/1BA units and eight 2BR/2BA units. Recent ownership-funded capital work includes partial roof repairs, new HVAC systems, a down-to-the-studs renovation of unit 422-G, and widespread appliance upgrades.

The portfolio is reported to be 94% occupied and benefits from a contracted VA supportive housing lease structure for the 2BR units, along with other government program income. The property is located entirely in FEMA Flood Zone X and is described as having no HOA. The offering also notes proximity to I-75, North Florida Regional Medical Center, and the University of Florida.

Complete details are available in the Offering Memorandum upon request.

Key Highlights

• Stabilized 16‑unit multifamily portfolio built in 1984, 94% occupied
• Unit mix includes eight 1BR/1BA (~675 SF) and eight 2BR/2BA (~875 SF)
• Two contiguous, legally distinct 8‑unit parcels provide portfolio flexibility

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $2,850,000

  10,313 SF

  Medical Office Building with NNN Lease

  Recently renovated medical office building leased through 2028 with tenant covering key operating expenses under NNN terms.

  6900 NW 9th Blvd, Gainesville, FL 32605

  View Details
• 

  $2,499,000

  10,000 SF

  Fully Leased Flex Retail Office Building

  Fully leased retail/office flex building built in 2001 with 12’ rear roll-up doors per suite.

  3201 SW 42nd Street, Gainesville, FL 32608

  View Details
• 

  $670,000

  2,446 SF

  Turnkey Medical Office Suite

  All-brick medical office with reception area, multiple workstations, exam room, and executive consultation suite.

  1155 NW 64TH Terrace, GAINESVILLE, FL 32605

  View Details
• 

  $750,000

  6,019 SF

  Gainesville Mixed-Use Corner Opportunity

  Mixed-use building in Grove Street District ready for build-out.

  519 NW 10TH Ave, Gainesville, FL 32601

  View Details
• 

  $2,300,000

  10,419 SF

  Free-Standing Medical Building with Radiology

  Free-standing medical facility with radiology and surgical suites, positioned for convenient access near I-75.

  7314 W University Ave, Gainesville, FL 32607

  View Details
• 

  $4,565,000

  3,900 SF

  Single-Tenant NNN Restaurant

  Brand-new build-to-suit restaurant with a covered patio and curbside pickup under an absolute NNN lease structure.

  3729 SW 40th Blvd, Gainesville, FL 32608

  View Details
• 

  $750,000

  3,482 SF

  Turnkey Auto Shop with Service Bays

  Fully equipped auto shop with high-clearance bays and on-site storage, zoned for business automotive use.

  2209 Northeast 1st Boulevard, Gainesville, FL 32609

  View Details
• 

  $2,500,000

  17,040 SF

  Office Building with Tenant in Place

  For sale office building on PD-zoned land in Gainesville, with tenant in place.

  5719 NW 13TH Street, GAINESVILLE, FL 32653

  View Details
• 

  $1,200,000

  3,170 SF

  Turnkey Restaurant Kitchen

  Second-generation restaurant space with extensive built-in kitchen equipment and a ready-to-operate layout for qualified operators.

  2010 North Main Street, Gainesville, FL 32609

  View Details
• 

  $600,000

  1,584 SF

  Gainesville Dental Practice with Real Estate

  Turnkey dental practice with real estate included in Gainesville, Florida.

  4130 NW 37TH Place, GAINESVILLE, FL 32606

  View Details
• 

  $1,230,000

  8,023 SF

  Bristol Park Office Building For Sale

  Professional office building in Bristol Park, ideal for owner-user.

  4703 Northwest 53rd Avenue, Gainesville, FL 32606

  View Details
• 

  $1,300,000

  10,022 SF

  Gainesville Flex Space Opportunity

  10,022 SF flex space in a prime location.

  7230 West University Avenue, Gainesville, FL 32607

  View Details

FAQs

What type of property is this?

Apartment building - Stabilized 16-unit portfolio with 1BR and 2BR mix, recently upgraded HVAC, and expanded appliance improvements.

Where is this apartment building located?

The property is located at 422 SW 69TH STREET Gainesville, FL.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: Stabilized 16‑unit multifamily portfolio built in 1984, 94% occupied; Unit mix includes eight 1BR/1BA (~675 SF) and eight 2BR/2BA (~875 SF); Two contiguous, legally distinct 8‑unit parcels provide portfolio flexibility