This 45-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 44 units are 18 units in Itopia and 13 units in Vantage Point. There are also 3 units in Windjammer, two units in Enclave and then single units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. There are 35 One-Bedroom/ One-Bath units, 8 Two-Bedroom/ Two-Bath units and 1 Three-Bedroom/Two-Bath unit. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 5.0 which would certainly increase as rents are increased. The owner will also entertain owner financing options.
|12 hours ago||Listing updated with changes from the MLS|
|3 months ago||Status changed to Active|
|3 months ago||Price changed to $5,895,000|
|10 months ago||Status changed to Pending|
|12 months ago||Status changed to Active|
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS.