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Key Details
Sold Price $3,475,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,728 sqft
Price per Sqft $253
Subdivision Eagle Crest
MLS Listing ID U8167373
Sold Date 10/25/22
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1966
Annual Tax Amount $23,417
Lot Size 1.050 Acres
Acres 1.05
Property Description
*(CALL FOR HIGHEST AND BEST OFFER DUE BY 8/3/2022)*
EAGLE CREST APARTMENTS. Located in the great neighborhood of Eagle Crest, this 20 unit property is a great long term investment. Currently having a 5.5% cap rate and 19/20 renovated units, the rents could easily be increased to market rate and produce a 6% cap rate or higher. Units that have been renovated have new kitchens, bathrooms, floors and stainless appliances. There are 14 - 1 bedroom units and 6 - 2 bedrooms units. Make sure to call us today to schedule your tour of this magnificent property. Check out 3D tour online to see the typical 2 bedroom unit
Location
State FL
County Pinellas
Community Eagle Crest
Direction N
Interior
Heating Central
Cooling Central Air
Appliance Dishwasher, Refrigerator
Exterior
Parking Features Parking Spaces - 19 to 30, Common
Roof Type Shingle
Building
Lot Description Cul-De-Sac, Neighbourhood, Oversized Lot, Street Lights, Paved
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE