Historical Multifamily Sale Listing - EMBASSY ARMS APARTMENTS

Multifamily For Sale

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EMBASSY ARMS APARTMENTS

1836 Laurel Street, Sarasota, FL 34236

N/A

8 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
8
Building Size:
4,514 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.27%
Gross Rent Multiplier:
8.93
Year Built:
1922
Lot Size:
0.15 AC
Listing ID
17438385
Last Updated
over 1 year ago

Highlights

  • Premier Downtown Location
  • Updated Kitchens and Appliances
  • 100% Occupied with Consistent Demand
  • Walk to Restaurants, Shops, or Work Place
  • Gas Fire Places in Each Unit

Description

8 unit apartment building located in the beautiful historic Laurel Park Neighborhood within walking distance of downtown shopping and dining. All unts are 1/1's and 565 SF. 100% occupied with a very strong demand for occupancy in this community. Secured entry to building with lovely common areas inside and out! Natural gas to building fuels elegant fireplaces, new ranges and commercial hot water heater.

Downtown Sarasota neighborhood within walking distance to restaurants, shops, and employment opportunities.

Map of 1836 Laurel Street, Sarasota, FL 34236

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