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$6,649,350
1421 days
For Sale • 0 BEDS • 0 BATHS • 753 SQFT
Price increase: +$1M / +20.90% (2021/04/15)

Overview

This 43-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 43 units are 18 units in Itopia and 12 units in Vantage Point. There are also 2 units in Windjammer, two units in Enclave, two units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 6.8 which would certainly increase as rents are increased. The owner will also entertain owner financing options.

Facts and features

Type:
Residential Income
Year Built:
1989
Heating:
• Central
Cooling:
• Central Air
Parking:
• None • On Street
Lot:
No Data
Price/sqft:
$8,830

Estimate

$148,900
Estimated sales range: $133,500 - $168,200

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2021-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BRODERICK & ASSOCIATES INC