5 unit portfolio - images1.loopnet.com...christian penny 850.284.0556 [email protected] multifamily...

CHRISTIAN [email protected]

Multifamily Property

FOR SALE

5 UNITPORTFOLIO

Premier Commercial Group // 4708 Capital Circle NW, Tallahassee, FL 32303 // 850.933.5899 buildout.com



OFFERING SUMMARY

Sales Price: $1,308,900

# of Units: 5 total

Price / Unit: $261,780

Cap Rate: 9.36%

NOI: $122,547

PROPERTY ADDRESSES

• 1821 Myrick Rd Tallahassee, FL 32303

• 1925 E 115th Ave Tampa, FL 33612

• 5519 Gross Ct Orlando, FL 32810

• 2142 SW Gemini Lane, Port St. Lucie, FL 34984

• 906 Buena Vista Drive, Tallahassee, FL 32304

PORTFOLIO SUMMARY

This is a 5 unit residential portfolio with long term leases(5-/+ years) listed at a 9% cap rate. The leases are with anon-profit recovery housing client that is very reputable andestablished. Detailed NOI breakdowns are available perrequest.

FOR SALE // Multifamily Property

PORTFOLIO 850.933.5899



DEMOGRAPHIC REPORT

1 MILE RADIUS 5 MILE RADIUS

Total Population 12,960 152,660

Average Age 23.6 28.3

Total Households 5,103 60,809

Average HH Income $39,247 $46,995

Average House Value $162,805 $214,879

PROPERTY OVERVIEW• 2,200 total SF

• 5 bedroom, 3 bathroom

• Close proximity to i10 interchange and major highway in Tallahassee

• Decent sized yard and long driveway with personal garage


1821 MYRICK RD TALLAHASSEE, FL 850.933.5899



DEMOGRAPHIC REPORT

1 MILE 3 MILES


Average Age 21.7 25






• Personal car port on right of property

• Close access to FSU, TCC, FAMU in a student dense area

• Minutes away from Target, Publix, CVS, Walgreens, Gas stations, and multiplerestaurants


906 BUENA VISTA TALLAHASSEE, FL 850.933.5899



DEMOGRAPHIC REPORT

1 MILE 5 MILES







• 2 floors - 4 bedroom, 2 bathroom

• Equipped with stainless steel kitchen appliances, and newly renovated backyardwith beautiful pool

• Minutes away from the University of South Florida, and Bush Gardens


1925 E 115TH AVE TAMPA, FL 850.933.5899



DEMOGRAPHIC REPORT

TABLE TITLE TABLE TITLE






OVERVIEW OF PROPERTY• 2,457 total SF


• Hardwood flooring in all common areas, carpet in bedrooms

• Large fenced in back yard, which includes a pool, side deck, and personal shed

• Excellent location with easy highway access, surrounded by multiple local andnational restaurants, and less than 10 miles away from Disney and Orlandotheme parks


5519 GROSS CT ORLANDO, FL 850.933.5899



DEMOGRAPHIC REPORT

1 MILE 5 MILES







• 6 bedroom, 2 bathroom, fully functioning kitchen and living room space

• Close to Florida's Turnpike for easy travel

• Fenced in yard for extra privacy as well as a screened in patio area

• Seconds from a plaza with multiple local cafe's and restaurants!


2141 SW GEMINI LANE PORT SAINT LUCY, FL 850.933.5899



All materials and information received or derived from Premier Commercial Group its directors, officers, agents, advisors, affiliates and/or any third party sources are provided withoutrepresentation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements,developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither Premier Commercial Group its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of theany materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for aparty’s active conduct of its own due diligence to determine these and other matters of significance to such party. Premier Commercial Group will not investigate or verify any suchmatters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including throughappropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents andreports and consulting appropriate independent professionals. Premier Commercial Group makes no warranties and/or representations regarding the veracity, completeness, or relevanceof any financial data or assumptions. Premier Commercial Group does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptionsregarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rentsthat may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmentallimitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions shouldbe discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirementsshould be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by PremierCommercial Group in compliance with all applicable fair housing and equal opportunity laws.


PORTFOLIO 850.933.5899

5 unit portfolio - images1.loopnet.com...christian penny 850.284.0556 [email protected] multifamily...

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