15th Street Apartments 935 15th St W 6 Unit Apartment Building $1,534,116 CAD ($255,686 CAD/Unit) Bradenton, FL 34205

15th Street Apartments presents an outstanding opportunity to acquire a well-maintained, income-generating multifamily asset in the heart of downtown Bradenton, Florida. This 6-unit community offers a desirable mix of one-, two-, and three-bedroom floorplans, appealing to a broad range of tenants and maximizing occupancy potential. With a strong takeover cap rate of 7% (adjusted for taxes and full expense load), investors can enjoy solid cash flow from day one, plus added revenue from an on-site laundry facility and rentable storage units. Recent capital improvements, including roofs replaced in 2018 and new water heaters and HVAC systems in 2023, ensure operational stability and reduced maintenance costs for years to come.
Positioned just six minutes from downtown Bradenton, residents enjoy easy access to an array of dining, shopping, and entertainment options. Local highlights include LECOM Park—spring training home of the Pittsburgh Pirates—Pier 22, and the Bradenton Riverwalk, all within a 1.5-mile radius. The Sarasota-Bradenton metro area ranks among the top six fastest-growing regions in the U.S. with robust projected job growth, underscoring long-term rental demand. Additionally, major retailers such as Starbucks, Lowe’s, Publix, Walmart, Sam’s Club, Costco, and Ellenton Premium Outlets are just minutes away, along with quick access to Sarasota-Bradenton International Airport. This turnkey asset offers both immediate income and long-term upside in a thriving Florida market.