4th Place Apartments

4th Place Apartments

Price: $ 2,000,000

Total Number of Units: 32

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

  • 50% of the Units have been Beautifully Renovated in 2017 with Vinyl Wood Flooring, New Kitchen Cabinetry, Washer/Dryer Appliances, New Appliances, New Lighting, New Bathroom Vanities, And Much More
  • Opportunity to Continue Renovations and Capitalize on Significant Rental Upside Approximately $90+ Higher than Average Effective Rents
  • Highly Desirable 1980’s 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 11 minutes of Celebration Pointe & 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 and 140+ Retail and Restaurants
  • The IT/software sector is growing in Greater Gainesville with companies ranging from human engagement to game development. Companies include Mindtree, Sharpspring, Optym, Info Tech and Mobiquity

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