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Mission Overlook 2288 Del Carmel Way 4 Unit Apartment Building $1,209,854 CAD ($302,463 CAD/Unit) 7.30% Cap Rate Tallahassee, FL 32303

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Investment Highlights

  • Prime location
  • 100% Occupancy
  • New constructed in 2023
  • 4.8 miles from Florida State University and 5 miles from Florida State Capital
  • Suitable for family and students
  • ROE of 11%

Executive Summary

Discover a Prime Investment Opportunity in the Heart of Tallahassee!
Own all Four income-producing townhomes in Sunrise at Mission Overlook, a beautifully designed, newly built community featuring premium amenities including a community pool, clubhouse and a gym.
This is an exceptionally rare chance to own an entire building in a highly desirable location.
One out of the 4 units is rented under AirBnB Program which generates extensive income, approx $1,700 Net per unit per month. Something to consider to increase income.

Data Room Click Here to Access

Property Facts

Price $1,209,854 CAD
Price Per Unit $302,463 CAD
Sale Type Investment
Cap Rate 7.30%
Sale Condition Bulk/Portfolio Sale
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class A
Lot Size 4.81 AC
Building Size 5,120 SF
Average Occupancy 100%
No. Stories 2
Year Built 2023
Zoning MR-1 - 0900 - Residential Common Elements/Areas

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • Clubhouse
  • Grill
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 4 $2,328 CAD 1,280

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 21-21-22-000-140.3
  • 21-21-22-000-160.3
  • 21-21-22-000-140.2
  • 21-21-22-000-140.4
  • 21-21-22-000-140.1
Land Assessment
$0 CAD
Improvements Assessment
$1,246,354 CAD
Total Assessment
$1,246,354 CAD
  • Listing ID: 39489388

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 2288 Del Carmel Way, Tallahassee, FL 32303

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