Investor Special: High-Yield Property in Gainesville, Florida – A Renovation Dream

Description

Dive into a lucrative opportunity with this unique investment property located in the heart of Gainesville, Florida. Offering an impressive layout of 36 bedrooms across 1,776 square feet, this property is a rare find for investors seeking to capitalize on the robust rental market of this vibrant city. Despite its unconventional bedroom-to-bathroom ratio with just 2 bathrooms, this property presents an intriguing project with substantial income potential. **Key Investment Highlights:** – **Property Size:** 1,776 sq ft with a remarkable 36-bedroom configuration. – **Renovation Estimate:** Requires an estimated $55,000 in renovations to unlock its full potential and appeal. – **Rental Income:** Currently generates $2,400 monthly, with significant upside post-renovation. – **Location:** Nestled in Gainesville, a city known for its strong rental demand driven by the University of Florida and vibrant local economy. This property is ideally suited for an investor with a vision to transform spaces. The renovation budget allows for creative reconfiguration and updating to modern standards, which could substantially increase rental income and property value. Given the high number of bedrooms, this property is perfect for rental to students or as a specialized residential facility, subject to zoning and regulatory approvals. With a strategic investment in renovations, the new owner has the opportunity to redefine this property’s market positioning, potentially targeting the student housing market or converting it into a profitable multi-tenant rental. Gainesville’s consistent demand for rentals, driven by its educational institutions and growing economy, makes this an investment with promising returns. **Don’t miss out on this exceptional investment opportunity in Gainesville.** Whether you’re looking to expand your portfolio or embark on a unique project, this property offers the perfect canvas to create a standout rental offering in one of Florida’s most dynamic cities. Act now to seize this investor special and begin the journey towards maximizing its potential and your return on investment.

DOCUMENTS

Inspection Report
https://s3.us-east-2.amazonaws.com/sendlift/property-documents/8718_8346%20LAKE%20LUCY%20DR%20ORLANDO,%20FL%2032818%20inspection.pdf