Investment Opportunity

Multi-Family for Sale
Catylist Listing ID: 30151114
Property Subtypes: Government Subsidized, Other
Number of Units: 4 Units
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Sale Price: $559,000
Unit Price: $139,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2017

Overview / Comments

Great investment opportunity!

Four (4) single-family homes in Pinellas county. Two are located in Clearwater and two are located in Seminole. Property addresses:

• 1608 Carlos Ave, Clearwater, FL 33755
• 1318 Fairmont St, Clearwater, FL 33755
• 12037 137th Ave, Seminole, FL 33778
• 13104 120th St, Seminole, FL 33778

All homes have been recently renovated and all homes have three (3) bedrooms.

All four homes are leased under Section 8 housing and all homes have long-term tenants.

7.6% CAP rate.

All homes to be sold as one investment package.

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 112915392580030010

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,847 118,612 251,647
Median Age: 37.24 45.46 47.09
Households: 6,209 53,973 116,763

Contact

Photograph of Listing Agent

Dean Koutroumanis

The Boardwalk Company FGCAR CIE Member
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