1007 N East Ave - Apartments FOR SALE


Sarasota, FL 34237- Downtown Sarasota
$1,088,656 USD
941-321-1634
1007 N East Ave, Sarasota, FL for Sale
$1,088,656 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1007 N East Ave
Sarasota, FL 34237
Downtown Sarasota


OVERVIEW

Ian Black Real Estate is pleased to present the opportunity to purchase a four unit apartment complex just north of Downtown Sarasota. A four unit complex is much sought after and rarely available making it perfect for the entry level multi-family investor. Its location allows for easy access to downtown amenities and all that the Sarasota area has too offer making it desirable for tenants. The buildings were designed and constructed in 2017 with ease of maintenance top of mind including Class A metal roofs, impact windows, concrete block construction, spray foam insulation and polished concrete floors on the ground level and high end laminate on the second floors. The landscaping is low maintenance with a few plants and mostly shell driveways. All units include stackable washers and dryers and are separately metered for electric and water/sewer/trash allowing for hands off management. Do not disturb tenants.

FOR SALE DETAILS

PRICE

$1,088,656 USD

PRICE/SF

$315 USD /SF

# OF UNITS

4

PRICE/UNIT

$272,164

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

DTE

APN/PARCEL ID

2028-04-0051

ASK ABOUT THIS PROPERTY

Steve HornIan Black Real EstateMore Info
941-321-1634

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Steve HornIan Black Real EstateMore Info
941-321-1634

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.