This Property is no longer advertised on Showcase.com.
Off Market
1/30

2166 Bradford St
Clearwater, FL 33760


HIGHLIGHTS

  • 13-UNIT CONDO PORTFOLIO, LOCATED IN BEAUTIFUL CLEARWATER, FL! 100% OCCUPIED, AND IN FANTASTIC CONDITION!
  • 8.3% CAP RATE IN 2023! 10.4% CASH-ON-CASH RETURN IN 2023!
  • 10% CAP RATE IN 2024! 13% CASH-ON-CASH RETURN IN 2024! 11% CAP RATE IN 2026!
  • AMAZING SELLER FINANCING IS AVAILABLE! APPROXIMATE TERMS: $1,200,000 DOWN, 5% FIXED IR, INTEREST-ONLY PAYMENTS, 5-YEAR BALLON!
  • SEVERELY UNDER-MARKET RENTAL RATES IN PLACE, GIVING THE BUYER MASSIVE UPSIDE IN THE FUTURE!
  • HOA MANAGES THE PROPERTY, ELIMINATING MONTHLY MANAGEMENT EXPENSES AND BOOSTING THE NOI!

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

8% CAP RATE! THE CLEARWATER CONDOS FOR SALE!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

8500

STORIES

2

YEAR BUILT

1985

PARKING SPACES

26

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

32-29-16-10675-000-0001,32-29-16-10675-001-0123,32-29-16-10675-001-0124