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1215 NW 12th Ave
GAINESVILLE, FL 32601-4113
Asking Price
$329K
Asset Type
Traditional Office Multifamily
Class
Class B
What's Special
Multi Family Conversion Opportunity <ul><li>Surrounded by a mix of multifamily and professional office users</li><li>Approximately 8 minutes from the University of Florida</li><li>Ideal for office use, owner-user, or multifamily redevelopment</li><li>Four (4) separate entry points providing flexible access and potential for subdivision</li><li>On-site designated parking with capacity for approximately five (5) vehicles</li><li>Surrounded by a mix of multifamily and professional office users</li><li>Approximately 8 minutes f
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NOI
$80,000
Cap Rate
24.32%
DSCR
4.10
Strong
Cash-on-Cash
61.26%
Monthly Payment
$1,627.712
Annual Cash Flow
$60,467.45
