Estimated Monthly Payment: $25,189/mo St Petersburg, FL 33702 MLS# U7842216 Income Listing Status: Active
753 sqft
48
7
0
2

REMARKS:

This 44-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.

OVERVIEW:

Income
Five or More
St Pete
1989
753
Block
Shingle
Street Parking
Central
Central
Cable Available, Sprinkler Well
Up to 10, 889 Sq. Ft.

FEATURES:

Community
Balcony/Sun Deck, Patio/Porch/Deck Covered, Trees/Landscaped

FINANCIAL:

$5,500,000
2017
$1,291
$261,630
Fee Simple

NEIGHBORHOOD & SCHOOL INFORMATION:

 

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