4th Place Apartments

4th Place Apartments

Price: $ 1,600,000

Total Number of Units: 32

Address: 6735 Southwest 4th Place, Gainesville, FL, United States

  • Select units have been beautifully renovated in 2017/2018 with vinyl wood flooring, new kitchen cabinetry, washer/dryer appliances, new appliances, new lighting, and new bathroom vanities
  • Opportunity to continue renovations and capitalize on significant rental upside approximately $90+ higher than average effective rents
  • Highly desirable 1980s vintage asset comprised of concrete block construction with amenities such as washer/dryer appliances and private patios

Lead Agent(s): Matthew W. Prozzillo

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Location Highlights

  • Located on the Path-of-Progress in Gainesville, Florida within 15 minutes of Celebration Pointe and Butler Plaza Developments (9,500 future jobs)
  • Located within 15 minutes of University of Florida (50,000 students), Santa Fe college (24,000 students), and Shands hospital (12,000 employees)
  • Only 2.3 miles north of the Oaks Mall (140+ retail and restaurants)
  • IT/software sector is growing in greater Gainesville with companies ranging from human engagement to game development
  • Companies include Mindtree, SharpSpring, Inc, Optym, Info Tech, Inc. and Mobiquity Inc.

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