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4325 40th St W
Bradenton, FL 34205
Aaron Lake Apartments · Multifamily Property For Sale
·
100 Units
PROPERTY FACTS
| No. Units | 100 | Building Size | 76,800 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.02/1,000 SF |
| Lot Size | 6.21 AC | ||
| Zoning | RMF6 | ||
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.21 AC |
| Building Size | 76,800 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | RMF6 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Refrigerator
SITE AMENITIES
- Clubhouse
- Fitness Center
- Property Manager on Site
- Recycling
- Pond
ABOUT 4325 40TH ST W , BRADENTON, FL 34205
Capstone Apartment Partners is pleased to present Aaron Lake, a 100-unit multi-family community centrally located in Bradenton, FL. The asset is comprised of one and two-bedroom units averaging 768 square feet, and features numerous attractive amenities, including a resort-style pool, sun deck, central lake, dog park, resident clubhouse, and 24-hour fitness center. With frontage along a major east-west corridor, Cortez Road, the property has desirable accessibility to nearby employment centers, shopping destinations, healthcare institutions, recreational areas, and cultural attractions. By initiating unit renovations, new ownership can raise rents commensurate with surrounding rental competition and significantly increase Gross Potential Income. These factors, combined with the continued growth of the Bradenton market, help position Aaron Lake as a well-located asset, primed to capitalize on organic and value-add driven NOI growth.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 48 | - | 600 |
| 2+2 | 52 | - | 900 - 950 |
PROPERTY TAXES
| Parcel Number | 51096-1035-1 | Improvements Assessment | $7,356,872 |
| Land Assessment | $2,550,000 | Total Assessment | $9,906,872 |
PROPERTY TAXES
