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2021 6th St
Sarasota, FL 34237
Downtown 2021 Apartments · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Strong Upside Potential to Increase Rents by $200 Per Month Per Unit Over the Current Rents w/ Implementing a Strategic Interior Renovation/Update
- Located Within a Short Walk of Main Street in Downtown Sarasota; Features Some of Sarasota’s Best Rated Restaurants & an Abundance of Employment
- All Central AC Compressors are 2016 or Newer, All Buildings Recently Painted and Parking Area Newly Resurfaced
- Favorable Demographics w/ an Average Household Income of $70,970 Within a 1 Mile Radius & $74,239 Within a 3 Mile Radius of the Subject Property
- Favorable Unit Mix of 100% Two Bedroom / One Bathroom Units with 4 Units Equipped with Sizeable Screen-in Lanai’s and Convenient On-site Laundry
- Brand New Shingle Roofs w/ Secondary Water Barriers on All Three Buildings (July 2020) | Solid Concrete Block/Masonry Construction Buildings
Property Facts
| No. Units | 6 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 5,216 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1955 |
| Zoning | DTN - Downtown Neighborhood | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 5,216 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Zoning | DTN - Downtown Neighborhood |
Amenities
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,050 | 770 - 800 |
Property Taxes
| Parcel Number | 2028-05-0049 | Improvements Assessment | $185,500 |
| Land Assessment | $200,600 | Total Assessment | $386,100 |
Property Taxes
Parcel Number
2028-05-0049
Land Assessment
$200,600
Improvements Assessment
$185,500
Total Assessment
$386,100
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