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Sutton Place 3150 Pyramid Pky 55 Unit Apartment Building For Sale Lakeland, FL 33805
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity - multiple revenue-enhancing strategies with limited capital expenditure required
- Washer/Dryer Installation: 49 of the total 55 units have washer/dryer hookups
- Below-Market Rents: Current rents trail market competitors
- Opportunity to Implement other Income Streams
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 3.46 AC |
| No. Units | 55 | Building Size | 31,680 SF |
| Property Type | Multifamily | Average Occupancy | 84% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | MF-22 - Multifamily | ||
| Sale Type | Investment |
| No. Units | 55 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.46 AC |
| Building Size | 31,680 SF |
| Average Occupancy | 84% |
| No. Stories | 1 |
| Year Built | 1985 |
| Opportunity Zone |
Yes |
| Zoning | MF-22 - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Vaulted Ceiling
- High Speed Internet Access
- Attic
- Built-In Bookshelves
- Linen Closet
- Patio
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Furnished Units Available
- Storage Space
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 56 | - | 320 - 400 |
1 1
PROPERTY TAXES
| Parcel Number | 23-28-01-000000-031040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,284,281 |
PROPERTY TAXES
Parcel Number
23-28-01-000000-031040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,284,281
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Sutton Place | 3150 Pyramid Pky
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