7311 Cedar Court, Saint Petersburg, FL 33702 detailed description
Commercial property for sale
7311 Cedar Court, Saint Petersburg, FL 33702
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- Description
- Fine Investment Property - 42 Unit Apartment building with a good track record. The favorable location near many retail, service, and manufacturing jobs has provided a historically high occupancy level. * 42 units total, 36 two bedroom, 6 one bedroom. * 8.0% cap rate based on 2011 numbers. * Assumable mortgage for qualified applicants - contact broker for terms. * 13% Cash on cash return. * Excellent location near Parkside mall (US Hwy 19 and Park Blvd) * 95~100% occupancy Building price details: $2,700,000.
- Property Details
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Building Name: Cedar Hollow Property Type: Multifamily Use Types: Low-Rise/Garden Status: Available Price: $ 64,286 +/Unit Number of Stories: 2 Year Built: 1994 MSA: Tampa-St. Petersburg-Clearwater Zoning: MULTI-FAMILY Buildings: 8 Construction: Block Terms: Cash to Seller Added: 07/20/2012 Last Update: 03/05/2013 - Exterior Features
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Parking: Yes Parking Spaces: 80 Parking Type: Surface - Contact info
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Buddy Sauter: 727-421-3706 [Office] Buddy Sauter & Associates
- See also
- Note
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