The Commercial Real Estate Alpha Site

#1. 18-Units in Sarasota, FL

2 buildings in this offering – located within 1/4 mile of each other

Concrete Block construction for both /// Newer Roofs (2023) for both /// Partial upgrades throughout both buildings

Desirable unit mix (8) 2/2 units /// (8) 2/1 units /// (2) 1/1 units & Coin Op laundry at both buildings

Asking $4.795m with room to negotiate and ownership is open to Seller financing.

#2. 20-Unit Apartment Complex

Manatee County, FL

Concrete Block Duplexes (10 total) /// Need substantial renovations /// likely need new roofs, new windows, new HVAC systems, complete interior renovations, exterior paint, landscaping, possible electrical and plumbing updates as well. I am happy to dive into this a bit deeper to ballpark value and costs

Stable area (older homes and communities provide stability and the focus on acquisition would likely focus on income versus appreciation)

Asking $3.5m

#3. 20-Units in Sarasota, FL

Concrete Block Construction

Units are all One Bedrooms & Studios /// Solid Sarasota Location

Property needs substantial investment to offer some upside // Likely needs new roofs, updated plumbing and electrical, exterior paint, landscaping and interior renovations. I’m happy to dig into this asset as well as I have toured it and understand the deal.

Asking $3.2m reduced from $3.7m

There are some other opportunities available in the market but these are the properties that seem to be a little more opportunistic and may offer some value-add with the right purchase price.

Feel free to contact us at www.DP-CRE.com or via text/call at 941.961.8199 or even email us at TritonCRE@gmail.com

You can find all of these properties online as well and with whatever path you choose, happy hunting!