2500 Holton St Tallahassee, FL 32310

$3,750,000 Price History
95,264 Sq.Ft. On Site: 85 Days
Built: 1969
100 unit (64 3-bedroom, 36 2-bedroom), 11 building apartment complex with management office, laundry facility, playground, community center, and ample amount of parking space available for tenants and guests. New roofs on 4 buildings 2017, new HVAC in all units 2014, new electrical service 2014, new water heaters (tankless & tanked) 2014. Constructed to last, this property is built on CBS block, exterior is 4" brick, interior walls are 8" concrete block with 2" air space, and the partition walls are made up of 8" concrete block. The complex sits on approximately 8.5 acres and is gated along the exterior with a 6.5' iron fence. Walking distance from Nims Middle School and just minutes from downtown, TLH airport, FAMU, FSU, and TCC campuses. The complex is approved under Tallahassee Housing Authority program, this is not HUD/Section 8 housing.
Status:Active
Property Type:Multi-Family
MLS #:285991
Year Built:1969
Sq. Feet:95264
On Site:85 Days
Lot Size:N/A

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/24/2017$4,200,000$3,750,000-10.7%

Community Information

Address:2500 Holton St Tallahassee, FL 32310
Area:SW-04
County:Leon
Subdivision:Stoutamire
Zip Code:32310

School Information

High School:Leon
Middle School:Nims
Elementary School:Bond

Architecture

Year Built:1969
Construction: Brick 4 Sides, Concrete Block
Unit 1 Bedrooms: 3
Unit 1 Bathrooms: 1
Unit 1 Sq. Ft.: 871
Unit 1 Rent: $600 / month
Unit 2 Bedrooms: 3
Unit 2 Bathrooms: 1
Unit 2 Sq. Ft.: 871
Unit 2 Rent: $600 / month
Unit 3 Bedrooms: 2
Unit 3 Bathrooms: 1
Unit 3 Sq. Ft.: 725
Unit 3 Rent: $550 / month
Unit 4 Bedrooms: 2
Unit 4 Bathrooms: 1
Unit 4 Sq. Ft.: 725
Unit 4 Rent: $500 / month
Parking: Area - Unassigned

Features / Amenities

Total Sq. Ft.:95264
Equipment: Community Laundry
Flooring: Slab, Vinyl Tile
Living Area: Kitchen - Eat In, Kitchen/Dining Room, Separate Living Room
Exterior Features: Storage Shed
Heating: Central, Electric
Cooling: Central, Electric

Property Features

Lot Dimensions:866x706
Directions:CCNE to R on Centerville, R Orange, R Holton, on L

Tax and Financial Info

Annual Taxes: $36,339
Gross Income: $533,700
Net Income: $284,386
Expenses: $255,314
Cap Rate: 6.63
Owners Expenses: Com Area Maint/Assoc Fee, Insurance, Maintenance/Repairs, Management, Payroll, Taxes, Trash/Garbage, Water/Sewer
Tenants Rent Includes: All Utilities, Garbage/Trash Collection, Lawn Maintenance
Documents Available: Books Avail With Contract, Income/Expenses, Income/Expenses Projected, Leases, Rental Rolls

SchoolsClick map icons below to view information for schools near 2500 Holton St Tallahassee, FL 32310.

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Listing Information Last Updated 12/14/2017
Listing provided courtesy of Keller Williams Town & Country.
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