This property is Off-Market

1836 Laurel Street
Sarasota, FL 34236 ·

8 Units · Multifamily For Sale

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EMBASSY ARMS APARTMENTS

Price N/A Property Use Type Investment
No. Units 8 Cap Rate 7.27%
Building Size 4,514 SF Gross Rent Multiplier 8.93
Property Type Multifamily Year Built 1922
Property Sub-type Garden/Low-Rise Lot Size 0.15 AC
Listing ID: 17438385 Date Created: 12/02/2011 Last Updated: 03/23/2012

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.

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

Research

1836 Laurel Street, Sarasota, FL 34236 (Sarasota County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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