Catylist ID:
#30251023
| 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: | $935,000 |
| Unit Price: | $85,000 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 4/30/2018 |
Overview / Comments
|
West Parcel: ID 2650800002 = 7 units $85,000/unit $595,000. Approximate NOI: $35,977. Six 3br/1 bath units; 1 2br/1 bath unit. East Parcel: ID 2649900004 = 4 units $85,000/unit $340,000. Approximate NOI: $19,933. Four 2br/1 bath units. Adjacent to East Parcel vacant lot: ID 2650000009 5,763 sq. ft. +$20,000 to East parcel sale. 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 |
Contact
William M BlalockWYMAN GREEN BLALOCK RL EST INCMFCRE Member |
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