20420 Nw 243rd Drive, High Springs, FL 32643

$2,650,000
21,499
SqFt

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List Price
$2,650,000
Status
ACTIVE
MLS#
GC541957
Living Area
21,499
Subdivision
Hamilton Estate

Property Description

This is 10 minutes north of Gainesville, FL in High Springs, which was named the “Friendliest Small Town” by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units. There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k). Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #

Additional Information

Year Built
1983
Construction
Brick
Living Area
21,499
Acres
6
Cooling
Central Air
Heating
Central
Sewer
Public Sewer
Stories
1

Listing courtesy of THE MULTIFAMILY ADVISORS.

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