The story
Prime Student Quad – Turnkey cash flow just minutes from FSU + TCC. Built in 2004 with durable concrete block construction, the 1,560 sq ft has 4 efficiency units and includes a shared common area that adds flexibility and appeal. Please refer to drawing in pictures. Perfect for investors seeking immediate income in one of Tallahassee’s strongest rental areas or the potential to live in one unit while renting out the others. Each of the four well-maintained 1-bedroom, 1-bath efficiencies features private exterior access for convenience + privacy, while also having interior access to a shared common kitchen, dining, laundry. All four units are currently rented from $700 per month to $750 each, generating $2,850 in monthly gross income. The seller covers utilities (averaging just $400/month for all 4 units), making these units highly attractive to tenants and easy to manage.
