Available 1031 Exchange Properties for Purchase of Co-Ownership Interest
Email for more information : info@jverar.com  Call 832-287-5331

Seminole Suites - Florida State University
Tallahassee, FL - Student Apartment Community

Seminole Suites is a Class-A, lease-by-the-bed student apartment complex serving Florida State University, which has a current enrollment of over 40,000 students with approximately 83% living off campus.

Other Available Properties
  • Square footage 423,060
  • $19,690,000 Equity Raise
  • 7.25% first year cash on cash yield (pro forma)
  • 8% five-year average yield (pro-forma)
  • Approximately 97.4% occupied on a per bed basis, as of April 7, 2008,  approximately 49.8% pre-leased for the 2008-2009 school year, as of April 7, 2008
  • 264 units / 924 beds

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State of the art fitness center with 24 hour access
Apartment home features, which vary from unit to unit, include modern kitchen appliances, and washers and dryers in every unit
Apartment home features include 3 and 4 bedroom suites with private bedrooms and bathrooms, and Internet access in each bedroom.
Apartment features include electronic front door locks, designer furnishings and cable TV with HBO package.

Lighted Sand Volleyball and a Lighted basketball court