Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30829873
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Other
Status: Pending/Contingent
Number of Units: 6 Units
Building Size (RSF): 6,017 SF
Gross Building Area: See Agent
Gross Land Area: 0.24 Acres
Sale Price: $1,190,000
Unit Price: $198,333.33 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 9.53%
Average Occupancy Rate: 100
Last Updated: 3/15/2023

Overview / Comments

This Fully Renovated 6 Plex is now available with an exceptional return on investment. Seller has redone most everything on both properties including: New Roofs, Updated Electrical, Updated Plumbing, All New Interior unit updates, Exterior Renovation Work, Landscaping and Parking Extension, Newer Coin Operated Laundry Room, Windows, and much much more!

The Bella Casa Reale is located just across from The Village of the Arts and just minutes south of Downtown Bradenton and The Riverwalk. Tenants are already in place for a turn key investor to take over.

The Bella Casa Reale Cottage Includes:
2 - One Bedroom / One Bathroom Apartments

The Bella Casa Reale 4 Plex Includes:
1 - Three Bedroom / 2 Bathroom Apartment
2 - Two Bedroom / One Bathroom Apartments
1 - One Bedroom / One Bathroom Apartments

Approx. Net Income Yearly = $113,988

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 4374800109, 4374800059
Zoning: T4-O
Percent Occupied: 100%
Property Condition: Good
Number of Stories: 2
Year Built: 1957
Year Renovated: 2022
Laundry: Shared

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,288 98,012 187,050
Median Age: 39.01 41.19 43.19
Households: 6,197 40,315 78,422


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