Home for Sale
$2,000,000
0 bd · 0 ba · 4,433 sqft
GAINESVILLE, FL 32607 · MLS# O6419367 · Active · CEDAR RIDGE VILLAS
Virtually Staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.
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.
6816 SW 4TH PLACE, GAINESVILLE, FL 32607 · See all Gainesville homes for sale
6816 SW 4TH PLACE 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. 6816 SW 4TH PLACE is a 0-bath, 6,148 sqft multi family (5+) built in 1983.