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Executive Summary
Ian Black Real Estate is pleased to present the opportunity to purchase a four unit apartment complex just north of Downtown Sarasota. A four unit complex is much sought after and rarely available making it perfect for the entry level multi-family investor. Its location allows for easy access to downtown amenities and all that the Sarasota area has too offer making it desirable for tenants. The buildings were designed and constructed in 2017 with ease of maintenance top of mind including Class A metal roofs, impact windows, concrete block construction, spray foam insulation and polished concrete floors on the ground level and high end laminate on the second floors. The landscaping is low maintenance with a few plants and mostly shell driveways. All units include stackable washers and dryers and are separately metered for electric and water/sewer/trash allowing for hands off management. Do not disturb tenants.
Property Facts
| Price | $1,488,879 CAD | Building Class | B |
| Price Per Unit | $372,220 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 3,454 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2017 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | DTE | ||
| Price | $1,488,879 CAD |
| Price Per Unit | $372,220 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 3,454 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Opportunity Zone |
Yes |
| Zoning | DTE |
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Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 2028-04-0051 | Improvements Assessment | $906,055 CAD |
| Land Assessment | $299,374 CAD | Total Assessment | $1,205,429 CAD |
Property Taxes
Parcel Number
2028-04-0051
Land Assessment
$299,374 CAD
Improvements Assessment
$906,055 CAD
Total Assessment
$1,205,429 CAD
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1007 N East Ave
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