928 Truman LLC | 928 Truman Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
928 Truman LLC 928 Truman Ave
5 Unit Apartment Building $2,459,050 CAD ($491,810 CAD/Unit) 6.62% Cap Rate Key West, FL 33040
INVESTMENT HIGHLIGHTS
- Prime Old Town Key West Multi-Family
- Fully Fenced
- 2 Structures 5 units
EXECUTIVE SUMMARY
*Prime Old Town Multi-Use Property*
This versatile property features (5) five legal long-term apartments, perfect for employee housing or generating steady rental income. The CBS building, Unit 101, may be converted to commercial use, provided the five residential units remain on-site. Located within a transient receivership zone (buyer to verify), the property offers significant flexibility for both commercial and residential purposes. With its prime location and a mix of income-producing apartments and potential office space, this property presents an excellent investment opportunity in the heart of Key West. Monthly income ($11,650)
This versatile property features (5) five legal long-term apartments, perfect for employee housing or generating steady rental income. The CBS building, Unit 101, may be converted to commercial use, provided the five residential units remain on-site. Located within a transient receivership zone (buyer to verify), the property offers significant flexibility for both commercial and residential purposes. With its prime location and a mix of income-producing apartments and potential office space, this property presents an excellent investment opportunity in the heart of Key West. Monthly income ($11,650)
PROPERTY FACTS
| Price | $2,459,050 CAD | Property Subtype | Apartment |
| Price Per Unit | $491,810 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 3,800 SF |
| Cap Rate | 6.62% | Average Occupancy | 100% |
| Sale Condition | Build to Suit | No. Stories | 2 |
| No. Units | 5 | Year Built | 1959 |
| Property Type | Multifamily | Parking Ratio | 1.05/1,000 SF |
| Price | $2,459,050 CAD |
| Price Per Unit | $491,810 CAD |
| Sale Type | Investment |
| Cap Rate | 6.62% |
| Sale Condition | Build to Suit |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.09 AC |
| Building Size | 3,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.05/1,000 SF |
UNIT AMENITIES
- Balcony
- Ceiling Fans
- Kitchen
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $2,965 CAD | 378 |
| 3+1 | 2 | $4,339 CAD | 642 - 751 |
| Studios | 1 | $2,242 CAD | - |
1 of 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 00031070-000000 | Improvements Assessment | $239,715 CAD |
| Land Assessment | $1,288,388 CAD | Total Assessment | $1,528,103 CAD |
PROPERTY TAXES
Parcel Number
00031070-000000
Land Assessment
$1,288,388 CAD
Improvements Assessment
$239,715 CAD
Total Assessment
$1,528,103 CAD
ZONING
| Zoning Code | HNC (1-3) (Hist Nghborhd Comml 1-3 Coastal Med) |
| HNC (1-3) (Hist Nghborhd Comml 1-3 Coastal Med) |
1 of 17
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
928 Truman LLC | 928 Truman Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.