1. Preferred Property Associates Inc
  2. 352.688.1303
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PROPERTY Address Not Provided, MLS#U7842216 - Multi-Family

Street View
    MLS#: U7842216 ( Multi-Family )
  • Street Address: Address Not Provided
  • Viewed: 15
  • Price: $5,895,000
  • Price sqft: $7,829
  • Waterfront: No
  • Year Built: 1989
  • Bldg sqft: 753
  • Days On Market: 623
Comments
  • This 45 unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 44 units are 18 units in Itopia and 13 units in Vantage Point. There are also 3 units in Windjammer, two units in Enclave and then single units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. There are 35 One Bedroom/ One Bath units, 8 Two Bedroom/ Two Bath units and 1 Three Bedroom/Two Bath unit. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 5.0 which would certainly increase as rents are increased. The owner will also entertain owner financing options.

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    Features
    Annual Expenses
  • 261630
  • Annual Net Income
  • 261630.00
  • Home Owners Association Fee
  • 0.00
  • Home Owners Association Fee Includes
  • 0.00
  • Close Date
  • 0000-00-00
  • Community Features
  • Gated Community
  • Pool
  • Sidewalk
  • Cooling
  • Central Air
  • Country
  • US
  • Exterior Features
  • Balcony
  • Flood Zone Code
  • AE
  • Flood Zone Panel
  • 12103C0207G
  • Heating
  • Central
  • Living Area
  • 753.00
  • Parcel Number
  • 18-30-17-43523-002-0203
  • Parking Features
  • None
  • On Street
  • Photo Count
  • 00
  • Postal Code + 4
  • 2325
  • Property Type
  • Multi-Family
  • Roof
  • Shingle
  • Tax Year
  • 2018
  • Total Monthly Expenses
  • 21802
  • Total Num Buildings
  • 45
  • Township
  • 30
  • Utilities
  • Cable Available
  • Sprinkler Well
  • Views
  • 15
  • Year Built
  • 1989