- For Sale Contact for pricing
- Property Type Other
- Property Size 62,000 SF
- Date Updated Mar 3, 2025
Inverness Apartments - Investment Opportunity
SP Multifamily Group of Marcus & Millichap invites qualified investors to review Inverness Apartments, a 66-unit multifamily property located in Tallahassee, FL. This property is available for purchase on a free and clear basis to qualified investors.
Communication
All inquiries and requests should be directed to the deal team contacts listed below. To avoid disruption to the property's operations, please do not contact on-site management, residents, or any other personnel at the property.
Property Tours
Marcus & Millichap representatives will accompany you on property tours. All tours require a minimum of 48-hour advance notice and are subject to availability. Please coordinate all tours with a member of the deal team.
Underwriting & Due Diligence
Prospective purchasers are advised to conduct their own underwriting and due diligence prior to submitting an offer. Please contact a deal team member for questions regarding underwriting assumptions, comparables, expenses, and historical financial information.
Offer Submission
Please direct offers to all team members listed on this page. See the Offering Memorandum for more detail.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 66 - Unit Multifamily Asset Located in the Heart of Tallahassee, with Proximity to Local Attractions & Amenities
- Unit Mix Consists of One - Bedroom/One - Bathroom, Two - Bedroom /One - Bathrooms, Two - Bedroom/Two - Bathrooms, and Three - Bedroom/Two - Bathroom Units, with the Majority of the Units Being Two and Three - Bedrooms.
- After Completing a Physical Interior & Exterior Renovation Plan, Upside is Available Through Rental Increases Based on Market Comparables in The Immediate Area
- On Average, The Propertys Rents Are Below The Rent Comparables For The Area By $300+/Unit/Month.
- Located Within 2.5 - Miles of Florida State University, Tallahassee State College, Monroe Street Retail Corridor, Tennessee Street Retail Corridor and More
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Contacts
Location
Getting Around
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Walk Score ®
23/100 Car-Dependent
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Transit Score ®
38/100 Some Transit
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Bike Score ®
50/100 Bikeable
- City Tallahassee, FL
- Neighborhood Frenchtown
- Zip Code 32304
- Market Tallahassee
Points of Interest
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Exxon
0.46 miles
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Shell
0.85 miles
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Marathon
0.97 miles
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Gulf
1.16 miles
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Arco
1.20 miles
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Tesla Supercharger
1.25 miles
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Chevron
1.30 miles
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Sunoco
1.37 miles
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ChargePoint
1.89 miles
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Clipper Creek
2.37 miles
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Stadium Green Lot
1.20 miles
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Parking Garage #3
1.40 miles
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Tully Gym East
1.58 miles
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Woodward Avenue Garage
1.60 miles
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South Circus
1.74 miles
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Traditions Way Garage
1.80 miles
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West Pensacola Street Garage
1.89 miles
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Lot 341
1.92 miles
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FSU Commuter Parking
2.00 miles
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Call Street Garage
2.09 miles
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Budget Inn
1.05 miles
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Days Inn by WyndhamTallahassee University Center
1.10 miles
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Holiday Inn Express Tallahassee-University Central
1.14 miles
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Cactus Motel
1.15 miles
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Red Roof Inn Tallahassee
1.58 miles
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Days Inn & Suites by Wyndham Tallahassee Conference Center I-10
1.59 miles
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Motel 6 Tallahassee West
1.67 miles
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Howard Johnson Express Inn - Tallahassee
1.68 miles
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Clarion Pointe
1.70 miles
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Holiday Inn & Suites Tallahassee Conference Center N
1.70 miles
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Mi Jefa's
0.42 miles
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Crispy Chicken and Seafood
0.47 miles
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Wingstop
0.67 miles
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Crab and Claw
0.67 miles
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Newk's Eatery
0.72 miles
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Subway
0.74 miles
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El Rincon Latino
0.75 miles
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Relish Burgers
0.79 miles
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Waffle House
0.79 miles
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Guthrie's
0.81 miles
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Amos P. Godby High School
0.18 miles
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John G. Riley Elementary School
0.72 miles
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Live Oak Learning Center
0.98 miles
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Maranatha Christian Academy
1.05 miles
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Astoria Park Elementary School
1.12 miles
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Gretchen Everhart School
1.22 miles
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Cornerstone Learning Community
1.34 miles
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Griffin Middle School
1.41 miles
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Carnaghi Arts
1.49 miles
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Lively Technical College
1.51 miles
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Miracles in Me
0.78 miles
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Jolly Jo's
1.62 miles
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Annie's Day Care
1.73 miles
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Quality Education Facility
1.99 miles
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Gingerbread Christian Academy
2.05 miles
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Jacob's Ladder Childcare Center
2.28 miles
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School For Young Children
2.52 miles
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Ann's Preschool and Kindergarten
2.54 miles
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Kidz Academy
2.55 miles
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Trinity Catholic School
2.78 miles
Frequently Asked Questions
The sale price for Inverness Apartments is available upon request. Contact the listing broker for more information.
Inverness Apartments totals 62,000 square feet.
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