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855-871 NW North River Shores Blvd
Stuart, FL 34994
Mainstay Apartments | Quadplex Investment · Multifamily Property For Sale
·
9 Units
PROPERTY FACTS
| No. Units | 9 | Building Size | 8,903 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1979 |
| Building Class | C | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 0.74 AC | ||
| Zoning | R-3A | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 8,903 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.25/1,000 SF |
| Zoning | R-3A |
ABOUT 855-871 NW NORTH RIVER SHORES BLVD , STUART, FL 34994
Exceptional investment opportunity of a fully leased quadriplex located in the sought out area of North River Shores in Stuart. The property consists of four separate buildings totaling 8,903 sf. The property has been well maintained and with its steady tenancy it brings in a net operating income of $84,592.00. An easy value add of simply increasing rents as they come due, which adds $600/mo. in gross income in the next 60 days. Units vary from 1 bed / 1 bath units up to a 3 bed / 3 bath unit. Community has a great unit mix. Located in a quiet neighborhood and easily accessible from a signalized intersection on US-1. Located in a very desirable location as it is in close proximity to Downtown Stuart, the Treasure Coast Mall, as well as the recreational parks and beaches.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
PROPERTY TAXES
| Parcel Number | 30-37-41-011-024-00270-3 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $390,720 |
PROPERTY TAXES
