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Eightplex investment opportunity! Located in the Tower Village subdivision, this single structure concrete block property is comprised of eight 2BR/1BA units, each roughly 768 sqft. Avg. in-place rent/unit is $913/month with market rents in the same subdivision reaching $1,200+. All units have washer/dryer connections. 3 HVAC systems are new, 2019 asphalt shingle roof, all gas water heaters. Located less than 15 minutes away from the University of Florida and major retail/shopping centers. Units have a varying degree of upgrades including but not limited to flooring, cabinetry, fixtures, appliances, etc. Net income is pro-forma estimate. Professionally managed, vacant unit is available for tours.
| DAYS ON MARKET | 82 | LAST UPDATED | 12/1/2025 |
|---|---|---|---|
| TRACT | TOWER VILLAGE III | YEAR BUILT | 1981 |
| COMMUNITY | 32608 - Gainesville | COUNTY | Alachua |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Dec 1, '25 | $895,000 |
|---|---|
| Dec 1, '25 - Today | $855,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32608 - Gainesville |
| CONSTRUCTION | Block |
| EXTERIOR | Other |
| HEAT | Electric |
| INTERIOR | Other |
| LOT | 0.87 acre(s) |
| SEWER | Public Sewer |
| SUBDIVISION | TOWER VILLAGE III |
| TAXES | 13582.85 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Other |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Joseph Klenck, BRG REALTY VENTURES, 352-871-8324
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 6:18 PM PST.
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