1821 13th St W - Apartments FOR SALE


Bradenton, FL 34205
$999,000 USD
941-932-7131
1821 13th St W, Bradenton, FL for Sale
$999,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1821 13th St W
Bradenton, FL 34205


OVERVIEW

This Investment Opportunity is Priced to Sell! Current Apartment Complex is comprised of 10 Units, each apartment is approximately 279 Sq.Ft. Suits are in good condition with little maintenance overall. Apartments consistently stay rented and asking rental rate is $1,000 per Unit. Building sits on .3489 acres with Downtown Urban Zoning of T4-R which allows for a height of 2.5 stories if so desired. Building is located at the corner of 13th Street West and 19th Ave West just South of Bradentons Downtown Urban Core and just East of 14th Street West. Due to the lack of small affordable apartments in this area, the Subject Property remains 80% to 100% occupied at all times. Surface parking lot has 16 parking spaces. Easy to manage and easy to keep full! Wonderful property to add to your investment portfolio! Pro-forma runs a 7.6% CAP Rate.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

10

PRICE/UNIT

$99,900

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

T4-R

APN/PARCEL ID

44677-0000-3

ASK ABOUT THIS PROPERTY

Angela VargaGulf Coast Commercial GroupMore Info
941-932-7131

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Angela VargaGulf Coast Commercial GroupMore Info
941-932-7131

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