Three Gainesville 8-Plexes

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SW 67th Terrace, Gainesville, FL 32607

SW 6th Place, Gainesville, FL 32607

SW 68th Terrace, Gainesville, FL 32607

These three separate 8-Plexes are ready to sell. Of the 24 units, 22 are currently rented on year leases. Click here to review rent amounts & lease dates. A short 15 minutes to the University of Florida, they are in a prime location near shopping mall/plaza and close to hospital. Roof has been replaced on SW 67th; the others are 15+ yrs old. They appear to be in good condition, but may need to be replaced in the near future. 70% of the A/C units have been replaced. Wood steps and porches have been replaced. Each unit is individually sub-metered, and tenants pay for utilities. Property management on site. City water/sewage. Each unit has washer/dryer hookup.

Cedar Ridge, No HOA


Est. Rehab: Light to Medium

10% CAP

Monthly Financials Spreadsheet

Rental Comps

  • Address: Southwest 67 Terrace, Gainesville, Florida 
  • Price: $850,000 
  • Availability: Sold 
  • Listing Type: Income Property 
  • Bedrooms: 24 
  • Bathrooms: 24 
  • Total Square Feet: 4824, 5116, 4824 
  • Construction Type: Block 
  • Year Built: 1982 

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