67-unit – 3 Property Apartment Package available through NAI Tampa Bay in Sarasota, FL

67-unit – 3 Property Apartment Package available through NAI Tampa Bay in Sarasota, FL

Quality Affordable housing available for Sale.  Contact Sean Dreznin with NAI Tampa Bay at 941-961-8199 to request a CA.

Quality Affordable housing available for Sale. Contact Sean Dreznin with NAI Tampa Bay at 941-961-8199 to request a CA.

Highlights

67 units
46,000 SF of building
141,000 SF of land
95% occupancy or higher for the 3 properties
Offered at a 7.3% cap rate
Commission offered is 1.5%

Contact our office to complete a Confidentiality Agreement.

Do not approach tenants or management (On Site)

Description

NAI Tampa Bay is proud to present this 67 unit, 3 property opportunity. The 3 property’s are located within 2 miles of each other and present a seamless and efficient transition for a 1031 buyer or investor. There is management in place or other options exist, if desired.

Located north of downtown Sarasota. The 3 properties are all located along or just off of US 41. Most of the units are located across from Ringling College of Art and Design and a good portion of the current tenants are students attending Ringling College.

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