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1821 13Th St W Bradenton, FL 34205

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For Sale
$999,000

Ten-unit apartment complex near downtown Bradenton, consistently well-occupied.

Building Details

Year built
1954

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Listing Contact
Angela Varga
Source: Gulfcoastcommercialgroup

Listing Agent: Angela Varga

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Ten-Unit Apartment Complex For Sale

This investment opportunity features a ten-unit apartment complex, with each unit approximately 279 square feet. The apartments are in good condition, requiring minimal maintenance. The property is located at the corner of 13th Street West and 19th Avenue West, south of Bradenton's downtown urban core and east of 14th Street West, in the Edgewood Neighborhood community. The building sits on 0.3489 acres with Downtown Urban Zoning of T4-R, allowing for a height of 2.5 stories. The property remains 80% to 100% occupied due to the demand for small, affordable apartments in the area. The surface parking lot includes 16 parking spaces. The property is conveniently located between Downtown and Cortez Road on 13th Street West. This is a manageable property in a desirable rental area for lower-income housing. Additional adjacent land may be available.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Bradenton
County
Manatee
State
Florida
Longitude
-82.5737422
Latitude
27.4824335

FAQs

What type of property is this?
Apartment building - Ten-unit apartment complex near downtown Bradenton, consistently well-occupied.
Where is this apartment building located?
The property is located at 1821 13Th St W Bradenton, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: - High Occupancy Rate: Property remains 80% to 100% occupied.; - Strong Investment Potential: Pro-forma CAP Rate of 7.6%.; - Desirable Location: Situated near Bradenton's Downtown Urban Core and close to major thoroughfares.
More about this property
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