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Faits saillants de l'investissement

  • 2008-vintage concrete block build means lower maintenance, smaller reserves, and favorable Florida insurance, keeping owner costs predictable.
  • New roofs and exterior paint are done across all four buildings, leaving strong physical condition with minimal near-term capex.
  • Assumable in-place debt at a below-market 5.19% blended rate cuts equity at closing and boosts leveraged returns from day one.
  • Boosting water/sewer reimbursements, adding a $5 pest fee, and $30 pet rent lift Other Income from $16,867 to $27,796 with no capital outlay.
  • All 29 uniform 967 SF, 2-bed/1.5-bath townhomes have in-unit washer/dryer, drawing broad demand and premium rents with simple operations.
  • At 96.6% occupancy, 28 of 29 units are leased on the Aug 2026 rent roll, with no concessions and immediate income at takeover.

Résumé de l'annonce

CBRE is pleased to present Rainbow Lake Apartments, a 2008-built, 29-unit townhome-style community at 1007-1077 57th Avenue West in Bradenton, offering investors a modern, low-density asset with durable concrete block construction and assumable below-market financing.
Completed in 2008, Rainbow Lake is one of the newer communities in its submarket. The property comprises four two-story, concrete block buildings on 8.01 acres overlooking a private lake, with composition shingle roofs and central HVAC throughout. At just 29 units, the community offers unusually low density, with ample parking and open space. Every home is a spacious two-bedroom, 1.5-bath townhouse of 967 square feet, and each includes in-unit laundry, a private patio and, in select homes, water views. The newer vintage means lower maintenance, modern building systems and favorable treatment in Florida's insurance environment, giving a new owner a stabilized, fully occupied asset with limited near-term capital needs.
Rainbow Lake sits just off 14th Street West, which carries more than 45,000 vehicles per day, minutes from the retail corridor anchored by Publix, Target, Winn-Dixie and Lowe's. The State College of Florida Bradenton campus is less than two miles away, with IMG Academy, the Sarasota-Bradenton airport and two major hospitals a short drive beyond. A deep base of healthcare, education and service employment supports rental demand across the North Port-Bradenton-Sarasota metro of more than 900,000 residents.
Manatee County ranks among Florida's fastest-growing, up roughly 48% since 2010 and projected to approach 517,000 residents by 2030. With its 2008 vintage, durable concrete block construction, low-density design, assumable below-market financing and position in one of the region's most resilient workforce-housing submarkets, Rainbow Lake Apartments represents a compelling opportunity for investors seeking a modern asset with stable cash flow and limited near-term capital needs.

Faits sur la propriété

Type de vente Investissement
Nombre d’unités 29
Type de propriété Immeuble residentiel
Sous-type de propriété Appartement
Style d’appartement Maison en ville
Classe d’immeuble C
Taille du lot 8,01 AC
Taille du bâtiment 28 043 pi²
Occupation moyenne 97%
Nombre d’étages 2
Année de construction 2008
Ratio de stationnement 2,21/1 000 pi²
Zonage RMF9 - Multifamilial

Commodités

Commodités des unités

  • Climatisation
  • Balcon
  • Prêt pour le câble
  • Lave-vaisselle
  • Laveuse/Sécheuse
  • Ventilateurs de plafond
  • Cuisine
  • Salle à manger
  • Grandes chambres

Commodités du site

  • Bord de l’eau

Unité renseignements sur le mélange

Description Nombre d’unités Loyer moyen/mois pi²
2+1.5 29 - 967
Moyennement accessible à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Plutôt accessible en vélo
50/100

Impôts fonciers

Impôts fonciers

Numéro de lot
58820-0180-9
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
84 526 $ CAD
Évaluation totale
84 526 $ CAD
  • ID d’inscription: 41788710

  • Date de mise sur le marché: 2026-08-18

  • Dernière mise à jour:

  • Adresse: 1007 W 57th Ave W, Bradenton, FL 34207

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