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1615 NW 3rd Ave 21 Unit Apartment Building $3,867,360 CAD ($184,160 CAD/Unit) Gainesville, FL 32603
Executive Summary
College Park multifamily investment opportunity just steps from the University of Florida. This 13,244 SF property on 0.38 acres, comprising 21 rentable units across multiple buildings, is income-producing. Located near Midtown and University Avenue with on-site parking, the property offers strong value-add potential through renovation, repositioning, or redevelopment in one of Gainesville’s most desirable rental markets.
Property Facts
| Price | $3,867,360 CAD | Building Class | C |
| Price Per Unit | $184,160 CAD | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 13,244 SF |
| No. Units | 21 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1936 |
| Property Subtype | Apartment | Parking Ratio | 1.27/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RMU - Residential Mixed Use | ||
| Price | $3,867,360 CAD |
| Price Per Unit | $184,160 CAD |
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 13,244 SF |
| No. Stories | 3 |
| Year Built | 1936 |
| Parking Ratio | 1.27/1,000 SF |
| Zoning | RMU - Residential Mixed Use |
Amenities
Unit Amenities
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 21 | - | - |
1 1
Very walkable
80/100
Fairly drivable
40/100
Good public transit
60/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 15032-000-000 | Improvements Assessment | $1,725,974 CAD |
| Land Assessment | $1,020,713 CAD | Total Assessment | $2,746,687 CAD |
Property Taxes
Parcel Number
15032-000-000
Land Assessment
$1,020,713 CAD
Improvements Assessment
$1,725,974 CAD
Total Assessment
$2,746,687 CAD
Contacts
-
Perry Pursell -
Shasta Schoellhorn -
Coldwell Banker Commercial M.M. Parrish, Realtors
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1615 NW 3rd Ave
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