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7786 62nd St N 12 Unit Apartment Building $3,600,000 ($300,000/Unit) 5.54% Cap Rate Pinellas Park, FL 33781
EXECUTIVE SUMMARY
Amazing Updated Investment Property!
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,600,000 | Apartment Style | Low-Rise |
| Price Per Unit | $300,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.90 AC |
| Cap Rate | 5.54% | Building Size | 11,704 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment | Parking Ratio | 2.17/1,000 SF |
| Zoning | R-4, Pinellas Park | ||
| Price | $3,600,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 5.54% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 11,704 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 2.17/1,000 SF |
| Zoning | R-4, Pinellas Park |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,600 | 750 |
| 2+1 | 11 | $1,750 | 1,000 |
1 1
PROPERTY TAXES
| Parcel Number | 29-30-16-79488-000-0130 | Improvements Assessment | $698,340 |
| Land Assessment | $466,660 | Total Assessment | $1,165,000 |
PROPERTY TAXES
Parcel Number
29-30-16-79488-000-0130
Land Assessment
$466,660
Improvements Assessment
$698,340
Total Assessment
$1,165,000
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7786 62nd St N
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