102 Palmetto Rd East - Apartments FOR SALE
Nokomis, FL 34275 |
102 Palmetto Rd East
Nokomis, FL 34275
HIGHLIGHTS
- 13-Unit Single Story Concrete Block Multifamily Property with Ability to Convert a 1Bdr Unit Back into Two Studio Units
- The Property Recently Went Through a Heavy Exterior Renovation: New Roof, Electrical, Landscaping, Fresh Paint, and Repaved & Restriped Parking Lot
- Significant Value-Add with $255+ in Average Monthly Rental
- Current Average Lease Rent: $1,107
- Current Average Base Market Rent: $1,131
- Pro Forma Average Rent: $1,362
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Bay Point Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
6535
STORIES
1
YEAR BUILT
1958
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0172-01-0024
