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6200 15th St
Bradenton, FL 34203
SARASOTA GARDENS FOR SALE (SELLER FINANCING!) · Multifamily Property For Sale
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10 Units
Investment Highlights
- 10-UNIT APARTMENT COMPLEX LOCATED IN BEAUTIFUL SARASOTA, FL. 100% OCCUPIED!
- 8%+ CAP RATE IN 2023! 12% CASH-ON-CASH RETURN IN 2023! 13% CASH-ON-CASH RETURN IN 2024!
- THE PROPERTY HAS BEEN RECENTLY RENOVATED IN THE PAST 5 YEARS AND IS IN FANTASTIC CONDITION!
- AMAZING SELLER FINANCING AVAILABLE! APPROX TERMS ($500K DOWN, 6.5% FIXED IR, INTEREST ONY PAYMENTS, 3-5 YEAR BALLOON)!
- CURRENT RENTAL RATES ARE APPROXIMATELY $275 PER MONTH BELOW THE CURRENT MARKET RATE!
- EXTREMELY LOW RENTAL RATES, GIVING THE BUYER MASSIVE UPSIDE!
Property Facts
| No. Units | 10 | Building Size | 7,474 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1953/2021 |
| Building Class | C | Parking Ratio | 2.27/1,000 SF |
| Lot Size | 0.75 AC | ||
| Zoning | NCS - MF | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 7,474 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1953/2021 |
| Parking Ratio | 2.27/1,000 SF |
| Zoning | NCS - MF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Heating
- Ceiling Fans
- Crown Molding
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Tub/Shower
- Carpet
- Wi-Fi
- Dining Room
- Freezer
- Instant Hot Water
- Office
- Porch
Site Amenities
- Courtyard
- Property Manager on Site
- Gas Range
- Recycling
- Vintage Building
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
Property Taxes
| Parcel Number | 65560-1000-4 | Improvements Assessment | $617,069 |
| Land Assessment | $148,750 | Total Assessment | $765,819 |
Property Taxes
Parcel Number
65560-1000-4
Land Assessment
$148,750
Improvements Assessment
$617,069
Total Assessment
$765,819
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