Providing news, research, data and properties in Southwest Florida – Site offered by Sean Dreznin of Dreznin Pappas Commercial Real Estate LLC.

8 multi-family units for sale in Palmetto, FL ** Make Offer

8 multi-family units for sale in Palmetto, FL ** Make Offer

photo 2

mcgis-2013-07-11-10-36-06 (2)

2 Blocks from US 41

Concrete block construction

Central A/C

Tenants pay all utilities

INVESTMENT SUMMARY

Price: $385,000
Year Built: 1981
Units: 8
Price/Unit: $48,125
RSF: 7,776
Price/RSF: $49.51
Lot Size: 44,600 sf
Floors: 1
Cap Rate: 10.08%
Market Cap Rate: 10.49%
GRM: 6.2
Market GRM: 6.1

Leave a comment