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Eagle Peak Apartments 2630-2670 W Pensacola St 24 Unit Apartment Building $2,928,219 CAD ($122,009 CAD/Unit) 7.25% Cap Rate Tallahassee, FL 32304
Executive Summary
24 unit apartment complex on W Pensacola St. 16 one bedroom, one bath, 8 two bedroom, one bath units. 22 units have been updated. Great value add pooprtunity, several units are below market..
West side location convenient to FSU, TSC and FAMU. Nearby walkable shopping and restaurants including Aldi, Five Below, Planet Fitness, Starbucks, Mc Donalds, Moe's and more.
West side location convenient to FSU, TSC and FAMU. Nearby walkable shopping and restaurants including Aldi, Five Below, Planet Fitness, Starbucks, Mc Donalds, Moe's and more.
Property Facts
| Price | $2,928,219 CAD | Building Class | C |
| Price Per Unit | $122,009 CAD | Lot Size | 1.26 AC |
| Sale Type | Investment | Building Size | 29,578 SF |
| Cap Rate | 7.25% | Average Occupancy | 100% |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2026 |
| Property Subtype | Apartment | Parking Ratio | 1.62/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | UT - University Transition, campus focused zoning that encourages pedetrian freindly access to shopping, dining and entertainment. | ||
| Price | $2,928,219 CAD |
| Price Per Unit | $122,009 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 29,578 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2026 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | UT - University Transition, campus focused zoning that encourages pedetrian freindly access to shopping, dining and entertainment. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Dining Room
- Double Pane Windows
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 550 - 700 |
| 2+1 | 8 | - | 850 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 21-33-20-408-000.0 | Improvements Assessment | $1,295,033 CAD |
| Land Assessment | $364,772 CAD | Total Assessment | $1,659,805 CAD |
Property Taxes
Parcel Number
21-33-20-408-000.0
Land Assessment
$364,772 CAD
Improvements Assessment
$1,295,033 CAD
Total Assessment
$1,659,805 CAD
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Eagle Peak Apartments | 2630-2670 W Pensacola St
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