210 Days on Market
Home for Sale
$2,000,000
0 bd · 0 ba · 4,433 sqft
422 SW 69TH STREET, GAINESVILLE, FL 32607
$2,200,000— Beds0 Baths6,148 Sq. Ft.$358 / sq. ft.
GAINESVILLE, FL 32607 · MLS# O6419379 · Active · CEDAR RIDGE VILLAS
Status
Active
Type
Multi Family (5+)
Year Built
1984
Days on Market
5
Lot Size
14,810 sqft
MLS #
O6419379
County
Alachua
Description of 422 SW 69TH STREET, GAINESVILLE, FL 32607
Virtually Staged. Exceptional Turnkey Investment Opportunity in Booming Gainesville, FL! Blair Realty Group, Inc. is pleased to present the Cedar Ridge Villas Portfolio—a stabilized, 94% occupied 16-unit multifamily portfolio offered at a competitive 8.3% current Cap Rate. Comprising two contiguous, legally distinct 8-unit parcels, this portfolio provides an investor with immense structural and financing flexibility. The asset features a perfectly balanced unit mix of eight 1BR/1BA (~675 SF) and eight 2BR/2BA (~875 SF) units. Capital expenditures have been heavily mitigated with recent ownership-funded improvements, including partial roof repairs, new HVAC systems, a down-to-the-studs renovation of unit 422-G, and widespread appliance upgrades. The property benefits from strong, recession-resilient income, including contracted VA supportive housing leases ($2,000/mo for 2BR units) and other government program. Located entirely in FEMA Flood Zone X with NO HOA, the portfolio boasts low operational friction and sits just minutes from I-75, North Florida Regional Medical Center, and the University of Florida. Complete Offering Memorandum available upon request.
Property Details for 422 SW 69TH STREET, GAINESVILLE, FL 32607
- Appliances
- Dishwasher, Dryer, Refrigerator, Washer
- Flooring
- Laminate, Tile
- Heating
- Central
- Cooling
- Central Air
- Property Condition
- Completed
Building Information for 422 SW 69TH STREET, GAINESVILLE, FL 32607
- Building Area Total
- 6778
- Building Area Units
- Square Feet
- Stories Total
- 2
- Security Features
- Smoke Detector(s)
Property Information for 422 SW 69TH STREET, GAINESVILLE, FL 32607
- Lot Features
- City Lot, Landscaped, Neighbourhood
- Lot Size Square Feet
- 14,810
- Waterfront
- No
- View
- No
- Construction Materials
- Block
- Roof
- Shingle
- Sewer
- Public Sewer
- Water Source
- Public
- New Construction
- No
Public Records for 422 SW 69TH STREET, GAINESVILLE, FL 32607
- Parcel Number
- 06655070009
- Tax Annual Amount
- $10,057
- Tax Year
- 2025
- Tax Legal Description
- CEDAR RIDGE VILLAS PB M-19 LOT 9 OR 5221/2911
- Zoning
- R-3
- County Or Parish
- Alachua
Payment Calculator
Estimated Payment
$13,062/mo
- Principal & Interest
- $11,124
- Property Taxes
- $838
- Home Insurance
- $1,100
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Location
422 SW 69TH STREET, GAINESVILLE, FL 32607 · See all Gainesville homes for sale
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More information about 422 SW 69TH STREET, GAINESVILLE, FL 32607
422 SW 69TH STREET is a multi family (5+) for sale in GAINESVILLE, FL 32607. This property was listed for sale on June 24, 2026 by BLAIR REALTY GROUP INC, it's currently listed at $2,200,000. This listing's school district is Alachua Public Schools. 422 SW 69TH STREET is a 0-bath, 6,148 sqft multi family (5+) built in 1984.