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29643873
29643892

2288 Del Carmel Way, Tallahassee, FL 32303

MS
BK3172380
HPL Realty Investments
Listed by HPL Realty Investments
$883,350
116 days on market
Updated 10 days ago

Sunrise at Mission Overlook

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 5,120
Net Rentable (SqFt) 4,928
Units 4
Beds 12
Cap Rate 7.46%
NOI $65,877
Occupancy 100%
Price per SqFt $173
Class A
Year Built 2023
Buildings 1
Stories 2
Zoning MR-1

Multifamily | 4 Units | $220,838/unit

Marketing description

Search no more and Discover an exceptional investment opportunity in the heart of Tallahassee. This offering includes all four income-producing townhomes in Sunrise at Mission Overlook, a thoughtfully designed, newly constructed community featuring premium amenities such as a community pool, clubhouse, and fitness center. Each townhome features a spacious three-bedroom, three-bathroom floor plan, a fully equipped kitchen with refrigerator, oven, microwave, and dishwasher, as well as a dedicated laundry closet complete with a washer and dryer.Opportunities to own an entire building in such a desirable location are rare. Ideally located just minutes from Florida State University, the State Capitol, and a wide selection of dining and shopping destinations, this property offers convenient access to some of Tallahassee’s most dynamic areas. All four units are currently leased at below-market rates, providing immediate income with strong potential for future rent growth. With modern interiors, full occupancy, and low-maintenance construction, these townhomes deliver reliable cash flow and make an excellent addition to any investment portfolio. Don’t miss this unique opportunity to acquire four turnkey rental properties and take a confident step toward building long-term wealth through real estate investing. **Photos shown are from the furnished Airbnb unit.**

Listing Contacts

MS
BK3172380
HPL Realty Investments
Listed by HPL Realty Investments

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$65,877.00
$5,489.75/mo

Valuation Metrics

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DSCR
7.46%
Cap Rate
7.46%
ROI

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