11 Units Fully Leased - Palmetto
Multi-Family
for Sale
| Catylist Listing ID: |
30251023 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
11 Units |
| Building Size (RSF): |
7,822 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$881,000 |
| Unit Price: |
$80,090.91 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
1/29/2019 |
Overview / Comments
West Parcel: ID 2650800002 = 7 units $553,000. Approximate NOI: $35,977. Six 3br/1 bath units; 1 2br/1 bath unit.
East Parcel: ID 2649900004 = 4 units $328,000. Approximate NOI: $19,933. Four 2br/1 bath units. (east parcel sale includes adjacent vacant lot 5,763 sq. ft. ID 2650000009 )
Commercial zoning will allow for future commercial land use, per City of Palmetto.
The information provided above is believed to be accurate but is not warranted by Wyman, Green & Blalock Real Estate, Inc.
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Manatee |
| Tax ID/APN: |
2650800002; 2649900004; 2650000009 |
| Zoning: |
PL-CG |
| Percent Occupied: |
100% |
| Total Number of Buildings: |
5 |
| Property Condition: |
Average |
| Number of Stories: |
1 |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Heat Type: |
Other |
| Heat Source: |
Other |
| Fuel: |
Electric |
| Air Conditioning: |
Window Unit |
| Zoning Description: |
Multi family use; Palmetto general commercial zoning |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,100 |
60,133 |
165,813 |
| Median Age: |
37.6 |
39.06 |
43.78 |
| Households: |
3,468 |
22,477 |
69,188 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither My Florida Commercial Real Estate nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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