4 Unit Palmetto Duplex Investment Package!

Multi-Family for Sale
Catylist Listing ID: 29891265
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Number of Units: 8 Units
Building Size (RSF): 7,776 SF
Gross Land Area: 1.02 Acres
Sale Price: $600,000
Unit Price: $75,000 Per Unit
Property Use Type: Investment
Building Name: 4 Unit Palmetto Duplex Investment Package!
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Average Occupancy Rate: 100
Last Updated: 8/1/2017

Overview / Comments

Total Square Feet: 7,776 SF +/-
Total Land: 1.025 acres
Sales Price: $600,000
Cap Rate: 10%
8 Unit, 4 building portfolio
Consistently maintained by property manager
Potential upside for rental rates increases
(Contact agent for all addresses included in this portfolio and financial statements)

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 2305600109
Zoning: RSF-6
Percent Occupied: 100%
Market Type: Small
Property Located Between: 39th St E & 3rd Avenue East
Highway Access: US 301, 275, I-75
Site Description: Total Square Feet: 7,776 SF +/- Total Land: 1.025 acres Sales Price: $600,000 Cap Rate: 10% 8 Unit, 4 building portfolio Consistently maintained by property manager Potential upside for rental rates increases (Contact agent for all addresses included in this portfolio and financial statements)
Area Description: Total Square Feet: 7,776 SF +/- Total Land: 1.025 acres Sales Price: $600,000 Cap Rate: 10% 8 Unit, 4 building portfolio Consistently maintained by property manager Potential upside for rental rates increases (Contact agent for all addresses included in this portfolio and financial statements)
Total Number of Buildings: 4
Property Condition: Good
Number of Stories: 1
Construction/Siding: Concrete
Parking Type: Surface
Zoning Description: RSF-6
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,244 33,661 110,030
Median Age: 38.06 42.75 44.18
Households: 2,900 12,654 44,661
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