1912-2002 7th Ave W - Apartments FOR SALE
Bradenton, FL 34205 |
$3,750,000 USD
813-387-4748
1912-2002 7th Ave W
Bradenton, FL 34205
HIGHLIGHTS
- Significant potential for growth, with a clear pathway to a 7.95% cap rate by the second year
- Property features an interior corridor design
- Renovated units include updated appliances, new cabinets, modern light fixtures, countertops, and sinks
- Situated just 1 mile from downtown Bradenton
- 1.4 miles from Manatee Memorial Hospital
- Average household income within a five-mile radius is $69,988
FOR SALE DETAILS
PRICE
$3,750,000 USD
PRICE/SF
$185 USD /SF
# OF UNITS
28
PRICE/UNIT
$133,929
CAP RATE
6.34%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Royal Palm Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1925
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,446 SF
ZONING
R3A
APN/PARCEL ID
34239-0000-4,34240-0000-2,34268-0000-3,34271-0000-7
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813-387-4748
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813-387-4748
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