4-Plex Income Producing Property - Siesta Key

Multi-Family for Sale
Catylist Listing ID: 30596343
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 3,726 SF
Sale Price: $1,075,000
Unit Price: $268,750 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: 5.7%
Last Updated: 9/7/2020

Overview / Comments

Unique opportunity to own a four plex within walking distance to Siesta Key. Beachwood is located just over Stickney Point bridge. Each unit is a 2 bedroom 2 bath with open terraces. There are 2 lower floor units and 2 upper units.Complex offers community swimming pool.
All tenants currently on annual leases.
Ample parking.

NOI: 61,275

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0104130020
Community Amenities: Outdoor Pool
Number of Stories: 2
Year Built: 1997

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,576 51,378 119,623
Median Age: 59.97 54.2 52.65
Households: 3,565 25,845 57,810

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