Cedar Ridge Villas Homes with Two Story Property Description

Welcome to Cedar Ridge Villas, a hidden gem nestled in the heart of Gainesville, Florida. This stunning subdivision in Alachua County offers a perfect blend of tranquility and modern living, making it an ideal choice for families, professionals, and retirees alike.

Cedar Ridge Villas is characterized by its beautifully designed two-story homes, which exude charm and elegance. Each residence features spacious layouts, allowing for ample natural light and comfortable living spaces. The two-story properties offer a unique opportunity for homeowners to enjoy both privacy and togetherness, with well-appointed bedrooms located on the upper levels, while the main floor serves as a vibrant hub for family gatherings and entertaining friends.

The community is surrounded by lush greenery, providing a serene backdrop for outdoor activities. Residents can take advantage of nearby parks, walking trails, and recreational facilities, perfect for enjoying the beautiful Florida weather. Additionally, Cedar Ridge Villas is conveniently located near top-rated schools, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away.

Living in Cedar Ridge Villas means embracing a lifestyle of comfort and community. With its friendly atmosphere and well-maintained properties, this subdivision is not just a place to live; it’s a place to thrive. Whether you’re looking to raise a family or find a peaceful retreat, Cedar Ridge Villas has something special for everyone. Come explore the charm of this vibrant community and discover your dream home today!

Newest Cedar Ridge Villas Homes with Two Story Property Description

$2,200,000

Cedar Ridge Villas SubDv. ⋅ 32607 Zip Code

Virtually Staged. Exceptional Turnkey Investment Opportunity in Booming Gainesville, FL! Blair Realty Group, Inc. is pleased to present the Cedar Ridge Villas Portfolio—a stabilized, 94% occupied 16-unit multifamily portfolio offered at a competitive 8.3% current Cap Rate. Comprising two contiguous, legally distinct 8-unit parcels, this portfolio provides an investor with immense structural and financing flexibility. The asset features a perfectly balanced unit mix of eight 1BR/1BA (~675 SF) and eight 2BR/2BA (~875 SF) units. Capital expenditures have been heavily mitigated with recent ownership-funded improvements, including partial roof repairs, new HVAC systems, a down-to-the-studs renovation of unit 422-G, and widespread appliance upgrades. The property benefits from strong, recession-resilient income, including contracted VA supportive housing leases ($2,000/mo for 2BR units) and other government program. Located entirely in FEMA Flood Zone X with NO HOA, the portfolio boasts low operational friction and sits just minutes from I-75, North Florida Regional Medical Center, and the University of Florida. Complete Offering Memorandum available upon request.

422 Sw 69th Street, Gainesville

$2,200,000

Cedar Ridge Villas SubDv. ⋅ 32607 Zip Code

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.

6816 Sw 4th Place, Gainesville

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