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433 Se Lake St 4 Unit Apartment Building $1,313,375 CAD ($328,344 CAD/Unit) 8% Cap Rate Stuart, FL 34994

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,313,375 CAD
Price Per Unit $328,344 CAD
Sale Type Investment
Cap Rate 8%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Lot Size 0.29 AC
Building Size 2,947 SF
Average Occupancy 100%
No. Stories 1
Year Built 2023
Parking Ratio 2.38/1,000 SF
Zoning BMU

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 $1,521 CAD 370 - 724
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30276786

  • Date on Market: 2023-12-04

  • Last Updated:

  • Address: 433 Se Lake St, Stuart, FL 34994

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