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404-428 Simmons Ave
Sarasota, FL 34232
Oak Vista Apartments | Value-Add Opportunity · Multifamily Property For Sale
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10 Units
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.95 AC |
| Property Type | Multifamily | Building Size | 6,592 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1954 |
| Zoning | RMF-2 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.95 AC |
| Building Size | 6,592 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1954 |
| Zoning | RMF-2 |
ABOUT 404-428 SIMMONS AVE , SARASOTA, FL 34232
The Multifamily Firm is proud to present the exclusive right of sale for the Oak Vista Apartments in Sarasota Florida. Oak Vista consists of 10 total units, in 5 buildings, on 1 parcel of land. Conveniently located just North of Fruitville Road, between Interstate 75 and downtown Sarasota, residents are within close proximity of major retail corridors, and employment centers. Given its closeness to Downtown Sarasota, the property is situated in one of the highest demanded submarkets and thus has significant upside to increase rents with minimum updates. Over the past few months, ownership has done an excellent job of enhancing the curb appeal of the property, as well as addressing deferred maintenance items. Some of the work completed includes exterior paint, new roofs, updated fencing, and landscape improvements. All said, the Oak Vista Apartments offering presents an exceptional value-add opportunity, in a submarket with explosive growth and proven rental demand.
PROPERTY TAXES
| Parcel Number | 0044-11-0004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,039,511 |
PROPERTY TAXES
