614 Beverly Ave - Apartments FOR SALE


Largo, FL 33770
$1,150,000 USD
813-404-6916
614 Beverly Ave, Largo, FL for Sale
$1,150,000 USD
Apartments - FOR SALE
1/9
null | 8.04% Cap Rate

614 Beverly Ave
Largo, FL 33770


OVERVIEW

Beverly Lofts | 7-Unit apartment community in highly desirable Largo, FL. Property features recent updates with strong rent record. Roof, windows, and siding all replaced. Professional management available. Favorable unit mix includes (one 4/1; one 2/1; one 1/1; and, four studios). Current rents range from $1350-$2574/month at the property. Cost Analysis Performed as Rental Property In: Rent - $139,692.00 Out: (Annual) Property Taxes - $6,718.00 (Annual) Estimated Insurance - $5,722.00 (Annual) Property Management (Optional) - $11,175.36 (Annual) Estimated Utilities/Lawn/Repair/Misc. -$23,614.00 Total Costs - $47,229.36 Net: $92,462.64 Earn: Total yearly net equates to - $92,462.64 Total monthly gross equates to - $11,641.00 TOTAL MONTHLY NET EQUATES TO - $7,705.22

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$395 USD /SF

# OF UNITS

7

PRICE/UNIT

$164,286

CAP RATE

8.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

-

APN/PARCEL ID

27-29-15-38970-007-0100

ASK ABOUT THIS PROPERTY

Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

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Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

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