11 Units Fully Leased - Palmetto
Multi-Family
for Sale
Catylist Listing ID: |
30251023 |
Property Subtypes: |
Duplex/Fourplex
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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.
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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
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