600 Old Englewood Rd - Apartments FOR SALE


Englewood, FL 34223
$1,100,000 USD
941-323-0060
600 Old Englewood Rd, Englewood, FL for Sale
$1,100,000 USD
Apartments - FOR SALE
1/38
null | 7.26% Cap Rate

600 Old Englewood Rd
Englewood, FL 34223


HIGHLIGHTS

  • Prime location in Englewood.
  • Ideal for garden-style development.
  • Well-maintained property.
  • Close to amenities and transportation.
  • Attractive curb appeal.
  • Excellent income-producing potential.

OVERVIEW

Introducing an exceptional opportunity for investors in the thriving Englewood area. This well-maintained 7-unit multifamily property is ideally situated in a prime location zoned for RSF-3. Designed for garden-style development, the property boasts attractive curb appeal and is in close proximity to amenities and transportation, ensuring convenience for residents. With excellent income-producing potential, this property offers a lucrative investment opportunity. Don't miss the chance to acquire this versatile asset with spacious units and a strong rental market. NOI of property is $79,915.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

7

PRICE/UNIT

$157,143

CAP RATE

7.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,641 SF

ZONING

RSF3

APN/PARCEL ID

0496-12-0016

ASK ABOUT THIS PROPERTY

Lee DeLieto Jr.Michael Saunders & CompanyMore Info
941-323-0060

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Lee DeLieto Jr.Michael Saunders & CompanyMore Info
941-323-0060

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