Tallahassee Multifamily Investment
833 E Park Ave, Tallahassee, FL 32301
For Sale
$1,000,000
8-unit apartment building in Tallahassee, 100% occupied with strong rental history.
Property SizeContact for details
Lot Size0.72 Acres
Days on Market176
Property Features for 833 E Park Ave
General Information
Standard status
Lot size
Property subtype
Listing Agency:
Jacksonville
Listed By:
Bennett Harrell · License FL SL3400888
(904) 358-0272
Source:
Colliers
Added: May 20
Changed: Nov 6
Last Checked: Nov 6 at 5:48AM
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 Jacksonville
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Investment Insights
Based on property information with market context.
Eight Thirty Three East Park is an 8-unit apartment building in Tallahassee, Florida. The property includes three separate buildings situated on a 0.72-acre lot. Two of the buildings consist of 2-bedroom, 2-bath apartments, while the third building is leased as commercial office space. The units feature interior upgrades such as LVP flooring, granite countertops, and stainless-steel appliances. The property is currently 100% occupied and has a strong rental history. The location provides access to Florida State University, Florida A&M University, Capitol Hill, and Tallahassee Memorial Hospital. It also offers convenient access to Downtown Tallahassee, Governor’s Square Mall, and Cascades Park. The property is located within Tallahassee’s historic College Park neighborhood. There is an opportunity to increase NOI by approximately 17% through new leases and renewals.
Key Highlights
- 100% Occupancy with Strong Rental History
- Opportunity to Increase NOI by Approximately 17%
- Prime Location Near Demand Drivers like Florida State University and Tallahassee Memorial Hospital
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,381
Businesses Nearby
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Business Placement
Demographics for 32301, FL
29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
Median Home Value
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Market
Properties on Market for Apartment buildings in Tallahassee
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - 8-unit apartment building in Tallahassee, 100% occupied with strong rental history.
Where is this apartment building located?
The property is located at 833 E Park Ave Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 100% Occupancy with Strong Rental History; Opportunity to Increase NOI by Approximately 17%; Prime Location Near Demand Drivers like Florida State University and Tallahassee Memorial Hospital
