433 Se Lake St - Apartments FOR SALE


Stuart, FL 34994
$950,000 USD
772-288-0287
433 Se Lake St, Stuart, FL for Sale
$950,000 USD
Apartments - FOR SALE
1/33
null | 8% Cap Rate

433 Se Lake St
Stuart, FL 34994


HIGHLIGHTS

  • Metal Roofs
  • Concrete Block on 2023 Building
  • Downtown Stuart Location

OVERVIEW

Prime location n East Stuart, walking distance to downtown. 3 units built in 2023, 4 units built in 1926, added on and improved over the years. All metal roofing systems. the newer building is concrete block with impact glass, all units are efficiency style units built for longevity and simplicity. The other 2 buildings are duplexes with metal roofs, primarily stucco over frame and each are 1/1. This property has incredible potential for additional units. All units have 7 separate electrical meters and one sole water meter.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$322 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,500

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

BMU

APN/PARCEL ID

04-38-41-013-009-00160-8

ASK ABOUT THIS PROPERTY

Rosi ShepardRe/Max of Stuart - Commercial DivisionMore Info
772-288-0287

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Rosi ShepardRe/Max of Stuart - Commercial DivisionMore Info
772-288-0287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.