Contacts
SP Multifamily Group, Marcus & Millichap
SP Multifamily Group, Marcus & Millichap
Property Details
- Property Type Other
- Units 34
- Year Built 1999
- Date Updated Jun 30, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- All Units Have Full Size In-Unit Wash/Dryer Appliances and Connections
- Built in 1999, the Property Features (34) 2x2.5 Townhome Units with 1,000 Rentable SqFt
- Eleven (11) Units Have Been Fully Renovated Since 2023, Leaving an Investor the Opportunity to Continue Renovations on the Remaining Twenty-Three (23) Standard Units
- In-Place Rents Average 14% Below The Average of The Rent Comparables, Leaving Room For Upside By Setting New Rents To Be In-Line With Nearby Properties
- Near-Term Opportunity to Increase the Average Rent by $190+/month
- Operational Value-Add Potential By Changing Management Companies To A Third-Party Company With An Existing Presence And Personnel In The Market. Contact A Listing Agent To Inquire About Potential Management Options
- Thirty-Four (34) Unit Townhome Community Located in Tallahassee, The State Capital of Florida
- Unit Amenities Include Stainless Steel Appliances, Quartz Countertops, Sleek Wood-Grain Cabinets, Extended Breakfast Bars, Vinyl Plank Flooring on The First Floor, Upgraded Light Fixtures, New Bathroom Vanities & Toilets, and More
Getting around
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51/100
Walk Score ®
-
41/100
Transit Score ®
-
76/100
Bike Score ®
Location
- City Tallahassee, FL
- Neighborhood Bloxham Terrace
- Zip Code 32304
- Market Tallahassee
Points of Interest
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Shell
0.18 miles
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Marathon
0.31 miles
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Tesla Supercharger
0.56 miles
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Petro
0.61 miles
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Chevron
0.69 miles
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Arco
0.83 miles
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Sunoco
0.90 miles
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ChargePoint
1.78 miles
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Clipper Creek
2.29 miles
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Blink
2.72 miles
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Stadium Green Lot
1.30 miles
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Parking Garage #3
1.41 miles
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South Circus
1.63 miles
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Tully Gym East
1.64 miles
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West Pensacola Street Garage
1.77 miles
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Woodward Avenue Garage
1.79 miles
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Lot 341
1.84 miles
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Traditions Way Garage
1.89 miles
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FSU Commuter Parking
1.96 miles
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Saint Augustine Street Garage
2.33 miles
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Cactus Motel
0.74 miles
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Budget Inn
1.47 miles
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Days Inn by WyndhamTallahassee University Center
1.52 miles
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Holiday Inn Express Tallahassee-University Central
1.54 miles
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Hotel Indigo Tallahassee - Collegetown
1.99 miles
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Residence Inn Tallahassee Universities at the Capitol
2.35 miles
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Hampton
2.36 miles
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Hyatt House
2.40 miles
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WoodSpring Suites
2.45 miles
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Four Points by Sheraton Tallahassee - Downtown
2.62 miles
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Publix
0.64 miles
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ALDI
0.65 miles
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New Seoul Oriental Market
0.80 miles
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Target
0.97 miles
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Bealls
2.11 miles
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Ross
2.12 miles
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Walmart Supercenter
2.24 miles
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What's The Point? Piercing Studio
2.42 miles
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SoMo Walls
3.01 miles
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Centre of Tallahassee
3.24 miles