Historical Multifamily Sale Listing - Queen Anne Apartments

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Queen Anne Apartments

4729 39th Avenue North, Saint Petersburg, FL 33714

N/A

18 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
18
Building Size:
14,370 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Cap Rate:
8%
Year Built:
1972
Lot Size:
0.62 SF
Listing ID
17282660
Last Updated
over 1 year ago

Highlights

  • Concrete Block Construction
  • Mature Landscaping
  • Excellent Location in St. Petersburg
  • On-Site Laundry
  • Ideal Unit Mix
  • Strong Submarket

Description

The CB Richard Ellis Tampa Multi-Housing Group is pleased to present this exclusive bank owned multi-family property located at 4729 39th Avenue North in St. Petersburg, FL. Queen Anne Apartments is an 18 unit apartment community situated in Disston Heights, a quiet residential neighborhood east of I-275 between downtown St. Petersburg and the beautiful Gulf beaches. The property is currently being managed by a bank appointed property management company. Potential Investors have the opportunity to acquire a well located apartment community in great condition.

The property, built in 1972, consists of 12 2BD/1BA units and 6 1BD/1BA units. Units are housed in a two-story concrete block building comprised of 11,840 sf on a 0.41 acre lot. Residents have ample parking behind the building, as well as three convenient ingress/egress points from both 39th Avenue North and 40th Avenue North. All units have central heat and air conditioning, carpet, and are individually metered for electric, cable, and phone service. There is a small on-site laundry room for use by the tenants. The property is well-maintained and features mature landscaping and a central courtyard, giving it a true

Queen Anne Apartments is located at 4729 39th Avenue North in the Disston Heights neighborhood of St. Petersburg, FL. The property is a half mile east of US 19 along a quiet residential street just off the intersection of 49th Street and 38th Avenue North. Residents are conveniently located near retail centers, schools, restaurants, and employment centers. On a regional level, the property is a short 10 minute drive from both the beautiful Gulf beaches and downtown St. Petersburg.

Map of 4729 39th Avenue North, Saint Petersburg, FL 33714 (Pinellas County)

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