3001 Bee Ridge Road, Sarasota, FL 34239 - multi-family property

Detailed information about multi-family property which situated in Sarasota (34239) city, Florida state on 3001 Bee Ridge Road.

Additional Information: MAJOR PRICE REDUCTION...THIS IS WILL SELL AT THIS PRICE... OFFERED AT A 9.30CAP BASED ON EXISTING INCOME!!! THE LATEST NUMBERS ARE IN AND THEY SHOW STABLE RETURNS 48 UNIT APARTMENT COMPLEX ON BEE RIDGE ROAD (RIDGE GARDENS APARTMENT HOMES) - Land Size: Approx 1.24 acres or 54,000 SF - WITH AN NOI OF $185,000 - Zoning: RMF 4 (Residential Multi-Family) - Description: Ideal 1031 Exchange. Great cash flow (Currently 94% occupied with below market rents) - In Place Financing: $1.093 million non-recourse, assumable mortgage at 5.5% with a 5 year balloon, originated Nov 2010, 1% assumption fee - Unit Mix: 42 one bedroom units and 6 two bedroom units (complex has pool and laundry facilities)

3001 Bee Ridge Road  ←  SARASOTA  ←  SARASOTA  ←  Florida  ←  Home

Property Address: 3001 Bee Ridge Road, Sarasota FL 34239

Cost: $1,999,000
  • Building Info
  • Buildings: 2
  • Year Built: 1964
  • Renovated: 1983
  • Stories: 2
  • Construction: Brick, Concrete
  • Head source: Wall Units
  • Rental Info
  • Ideal Use: Low-Rise/Garden
  • Status: For sale
  • Sales Term: Cash to Seller, Owner Financing
  • Price: $1,999,000
  • Unit Price: $41,645.83 Per Unit
  • Renters Information

NOTE: Please contact with Jag Grewal if you want to get more accurate details about pricing and availability of multi-family property For sale.

3001 Bee Ridge Road, Sarasota, FL 34239 multi-family For sale on GoogleMaps

multi-family property details

  • Type: multi-family
  • Address: 3001 Bee Ridge Road
  • City: Sarasota
  • State: FL
  • County: Sarasota
  • Zip-Code: 34239
  • Updated: 01/08/13

All information about multi-family property For sale that located on 3001 Bee Ridge Road, Sarasota, FL 34239 was obtained from reliable sources, but we cannot guarantee that all data about pricing, details of the building and property was completed without error or has not been changed without notice or withdrawal without notice. If you want to get complete and actual information, please contact with agents.

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