Multi-use Income Producing Building

Multi-Family for Sale
Catylist Listing ID: 30663384
Property Subtypes: Mixed Use
Number of Units: See Agent
Building Size (RSF): 11,136 SF
Gross Building Area: See Agent
Gross Land Area: 8,650 SF
Sale Price: $1,300,000
Property Use Type: Investment
Usable Size (USF): 11,136 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/3/2020

Overview / Comments

Unique opportunity to own a multi-use building that has been 100% remodeled in the later part of 2020. The structure has 3 storage units, 2 - commercial Studio Office spaces with bath, and 3 - 3 BR, 2 BA apartments on the 2nd level. Use as an
investment property or live work with income. Price represents an 8.5 Cap based on a conservative proforma income of $110,744.00.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 5131700006
Zoning: GC
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 2
Year Built: 1978
Year Renovated: 2020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,262 82,944 157,984
Median Age: 48.93 47.22 45.29
Households: 6,921 38,412 68,643
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