PROPERTY HIGHLIGHTS• 18-Unit Multifamily Property Located in Bradenton - One of the Fastest Growing Cities in Florida
• 1.3 Miles from Downtown Bradenton & the Major Bradenton Riverwalk Expansion
• Ability to Charge Back For Electric and Trim Up Loss to Lease to Reach a Pro Forma Cap Rate of 9.06%
• Strong Value Add Opportunity Through Cosmetic Interior Renovations & Light Exterior BeautificationImprovements of the 1.04 Acre Lot
• Ability to Increase NOI by Upgrading Units with Vinyl Wood Flooring, Updated Kitchen Cabinetry and ResurfacedCountertops
• 1.6 Miles to Desoto Square Mall - 678,000 SF Indoor Retail Center with a Master Redevelopment Plan in Process
PRICED REDUCED!MCKECHNIE APARTMENTS
9,090 SF MULTIFAMILY PROPERTY
New Listings Posted Daily at FranklinSt.com
1821 13th St WBradenton, FL 34205
Price: $1,300,000
Price / Unit: $72,222
Price / SF: $143.01
Number of Units: 18
Number of Buildings: 5
Lot Size: 1.04 Acres
Year Built: 1925 , 1947, 1952, 1954 & 1971
Market: Bradenton
INTERESTED IN INVESTING?CONTACT OUR TEAM FOR MORE INFORMATION
Mark Savarese Avery Jordan Darron Kattan Zach AmesSenior Associate Senior Associate Managing Director Senior Director813.577.3837 813.577.3826 813.658.3355 [email protected] [email protected] [email protected] [email protected]
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