2501 S MERIDIAN ST Tallahassee FL 32301

Rare Opportunity to Assume Fannie Mae Debt Which Includes a 3.73% Interest Rate With Over 8 Years Remaining on Loan Term

Artificially Low Rents of $692/unit Avg. Allows Over $100 of Rental Upside Per Unit on Average to Meet the Market

All Units were Completely Gutted and Renovated in 2015 with New Electrical, Plumbing, Doors, Windows, and Complete Interior Finishes.

Property Amenities include Off-Street Parking Lot, Laundry Center, Perimeter Fencing, and a Mailbox Kiosk.

Paved Parking Lot Provides Ample Off-Street Parking Surrounded by Perimeter Fencing.

Located within 5-Minutes of Major Big Box Restaurants and Retailers

Tallahassee is Home to Florida’s Capitol and Three Colleges/Universities, Which Account for More than 65,000+ Students and 16,000+ Employees