Tag Archives: Tampa

IBRE and Sean Dreznin are proud to present a 12+ unit apartment complex, located in a highly desired area of Sarasota, FL with water, downtown & sunrise views

Ian Black Real Estate and Sean Dreznin are proud to present a 12+ unit apartment complex, located in a highly desired area of Sarasota, FL with water, downtown & sunrise views

CLick Here <—-===== for more information

Sean Dreznin sells apartments

Sean Dreznin sells apartments

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Sean Dreznin successfully closes the sale of 2 additional apartment buildings in St. Petersburg, FL

Sean Dreznin from Ian Black Real Estate successfully closed the sale of 2 additional apartment buildings in St. Petersburg, FL

Queen Anne Apartments in St. Petersburg, FL, SOLD by NAI Tampa Bay's Multi-Family team, Kyle Keelan and Sean Dreznin

Queen Anne Apartments in St. Petersburg, FL, SOLD by Sean Dreznin

Sean Dreznin simultaneously closed the purchase and sale of The Casa Grande Apartments and the Queen Anne Apartments this past week.

Led by Sean Dreznin, the 22-unit Casa Grande and the 18-unit Queen Anne seamlessly closed.

The buyer was completing a 1031 exchange and the sellers had enhanced and stabilized the property before bringing it to market.

Please contact Ian Black Real Estate and the multi-family team for all your Apartment and Investment Goals!

Sean Dreznin – (941) 961-8199 sean@ian-black.com

SOLD * SOLD * SOLD - We can sell yours, just ask Sean Dreznin or Kyle Keelan @ NAI Tampa Bay

SOLD * SOLD * SOLD – We can sell yours, just ask Sean Dreznin

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SOLD * SOLD * SOLD — Mariner’s Pointe Apartments in St. Petersburg, FL — Sale handled by NAI Tampa Bay

SOLD * SOLD * SOLD — Mariner’s Pointe Apartments in St. Petersburg, FL — Sale handled by NAI Tampa Bay

Mariners Pointe Apartments are sold by NAI Tampa Bay.   John Burpee and his team of Multi-Family specialists including Sean Dreznin, Kyle Keelan and Phil Ginexi can handle your needs and goals.

Mariners Pointe Apartments are sold by NAI Tampa Bay.
John Burpee and his team of Multi-Family specialists including Sean Dreznin, Kyle Keelan and Phil Ginexi can handle your needs and goals.

368 Unit Apartment Complex

Sold for $11,000,000

$29,891 per unit

We’ve got the Buyers. Call us to discuss selling your property.

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NMHC SPECIAL REPORT: Apartments Fit for a Dog (or Cat)

NMHC SPECIAL REPORT: Apartments Fit for a Dog (or Cat)

By Diana Mosher, Editorial Director via Multi-Housing News

Pic via article in Herald Tribune - Michael Braga - Sarasota Apartments

Pic via article in Herald Tribune – Michael Braga – Sarasota Apartments

Boca Raton, Fla.—Industry watchers at the 2014 National MultiFamily Housing Council (NMHC) Apartment Strategies Outlook Conference confirmed that 2014 will be the year of the lease up. And that if Millennials are the target market, investors will want to keep an eye on cutting-edge pet amenities. According to the most recent U.S. pet ownership statistics, 36.5 percent of American households own dogs and 30.4 percent own cats. Pet owners can be found in all age groups, but Millennials are perhaps the most demanding when it comes to their four-legged companions.

Exercise areas, grooming stations and daycare options are quickly becoming the norm. Developers that don’t provide relevant features for pet owners will be in for a rude awakening. And property management teams need to be friendly to pets as well, taking the time to connect the name with the face. “You have to smile and pet them when you run into them in the elevator,” advised Gregory Mutz, chairman & CEO of AMLI Residential.

NMHC’s Apartment Strategies Outlook conference and the subsequent NMHC Annual Membership Meeting are a must for apartment industry executives wanting to move deals along to the next level, reconnect with potential business partners and hear expert predictions for doing business in the year ahead. Besides the consensus that providing amenities specifically for pet owners is essential — this advice was repeated on a variety of conference panels — panelists also exchanged views on the most promising markets. Seattle is a favorite. With limited sites and opportunities, take a shot when you can. Conference panelists are also bullish on Houston.

And with fewer and fewer urban sites available, investors who had been focusing primarily on urban infill are once again getting excited about suburban locations provided they’re near jobs (the closer to infill and transportation nodes, the better the opportunity). It’s a matter of weighing the difference between urban versus suburban yield. Also, the entitlement process in urban areas is generally easier and more predictable.

Micro units were also a topic of discussion. Micro units help proforma because the rent per month is lower, the cost per unit is lower and marketing looks good. But have they been around long enough to know whether this strategy is working for investors? According to Ben Pisklak, Chief Investment Officer, Gables, “The few we’ve done have been successful, but we’re also seeing demand for two bedrooms — and lots of storage.”

Mutz is also seeing more demand for storage as well as three-bedroooms.

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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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Aaron Lake Apartments in Bradenton, FL sell for $80,000 per unit

Aaron Lake Apartments in Bradenton, FL sell for $80,000 per unit

via Bradenton Herald – BY CHARLES SCHELLE
cschelle@bradenton.com

A New York company has purchased the Aaron Lake Apartments complex off of Cortez Road and 40th Street for $8.35 million.

Contact Sean Dreznin for all your Multi-Family needs

Contact Sean Dreznin for all your Multi-Family needs

CLICK HERE <—==== For similar apartments for sale

LR Aaron Lake LLC, located on Broadway in New York, purchased the complex Dec. 11 from owners Aaron Lake LLC, based in Minneapolis AND headed by Daniel Shattuck, according to property records. Aaron Lake LLC purchased the complex for $4.8 million from Bradenton Associates Limited in 2002, according to the property appraiser.

The complex, 4325 40th St. W, Features one- and two-bedroom apartments and includes a car wasH area, pet park, a fishing dock and boat storage, according to its website. The complex was built in 1986, according to land records.

Contact Sean Dreznin (sdr@naitampabay.com) with NAI Tampa Bay if your considering selling your apartments or if your looking to purchase.

Read more here: http://www.bradenton.com/2013/12/18/4894090/aaron-lake-apartments-sold-for.html#storylink=cpy

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Northgate Galleria Building available For Sale in Sarasota, FL

Northgate Galleria Building available For Sale in Sarasota, FL

NAI Tampa Bay for sale in Sarasota County

 NAI Tampa Bay

NAI Tampa Bay

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