Twenty-Sixth Street Apartments 612 26th St W 4 Unit Apartment Building $785,443 CAD ($196,361 CAD/Unit) 7.54% Cap Rate Bradenton, FL 34205
INVESTMENT HIGHLIGHTS
- Value-Add Offering with Strong Rental History, Providing Consistent & Reliable Cash Flow
- Consists of 4-Units in 1 Building on 1 Parcel Totaling 0.18-Acres | On-Site Laundry Room, Sufficient Off-Street Parking & Freshly Painted Exteriors
- Located 2-Miles West of Manatee Memorial Hospital, a 319-Bed Hospital w/ Over 1,900 Employees
- Substantial Upside Potential w/ Restoring 3 Concrete Block Garages in the Rear of the Property
- Unique & Charming 1920’s Construction Property Unaffected by the Last 3 Hurricanes
- Within Minutes of Downtown Bradenton and the Riverwalk and 15-Minutes of Holmes Beach & Anna Maria Island
EXECUTIVE SUMMARY
View OFFERING MEMORANDUM for full details and financial information! (See links section)
The Multifamily Firm is pleased to present the Twenty-Sixth Street Apartments, a 4-Unit apartment building in Bradenton, Florida, located just minutes from Downtown Bradenton and the Riverwalk. A value-add offering with strong rental history, the property features an on-site laundry room, sufficient off-street parking, freshly painted exteriors, and substantial upside with restoring the 3 concrete block garages in the rear of the property. A unique & charming 1920’s construction property, the property was unaffected by the last 3 hurricanes, and provides consistent & reliable cash flow!
The Multifamily Firm is pleased to present the Twenty-Sixth Street Apartments, a 4-Unit apartment building in Bradenton, Florida, located just minutes from Downtown Bradenton and the Riverwalk. A value-add offering with strong rental history, the property features an on-site laundry room, sufficient off-street parking, freshly painted exteriors, and substantial upside with restoring the 3 concrete block garages in the rear of the property. A unique & charming 1920’s construction property, the property was unaffected by the last 3 hurricanes, and provides consistent & reliable cash flow!
PROPERTY FACTS
| Price | $785,443 CAD |
| Price Per Unit | $196,361 CAD |
| Sale Type | Investment |
| Cap Rate | 7.54% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,734 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
1 of 1
PROPERTY TAXES
| Parcel Number | 35278-0000-1 | Improvements Assessment | $468,321 CAD |
| Land Assessment | $58,643 CAD | Total Assessment | $526,964 CAD |
ZONING
| Zoning Code | BR_P |
