sw gemini ln - loopnet · 2020. 4. 24. · noi: $72,333 for sale // multifamily property 2142 sw...

CHRISTIAN [email protected]

Port Saint Lucie, FL 34984

Multifamily Property

FOR SALE

2142SWGEMINILN

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



PROPERTY OVERVIEWThis is a 3 unit residential portfolio with long term leases (5-/+ years) listed at a 9.21% cap rate. The leases are with anon-profit recovery housing client that is very reputable and established. Rent. Detailed NOI breakdowns are available perrequest.

7534 Altus Drive N, Jacksonville, FL 32277 - 4B/2B (2,184 SF)2142 SW Gemini Lane, Port St. Lucie, FL 34984 - 6B/2B (2,945 SF)906 Buena Vista Drive, Tallahassee, FL 32304 - 5B/3B (2,513 SF)

PROPERTY HIGHLIGHTS• 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!

OFFERING SUMMARY

Sale Price: $785,144

Building Size: 2,945 SF

Price / SF: $266.60

Cap Rate: 9.21%

NOI: $72,333

FOR SALE // Multifamily Property

2142 SW GEMINI LN 850.933.5899




2142 SW GEMINI LN 850.933.5899



POPULATION 1 MILE 3 MILES 5 MILES

Total Population 6,819 61,804 147,818

Average age 38.9 40.0 40.2

Average age (Male) 39.1 38.9 39.1

Average age (Female) 38.1 41.1 41.3

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 2,348 22,272 54,317

# of persons per HH 2.9 2.8 2.7

Average HH income $59,790 $58,642 $59,703

Average house value $204,551 $204,710 $218,321

* Demographic data derived from 2010 US Census


2142 SW GEMINI LN 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.


2142 SW GEMINI LN 850.933.5899

sw gemini ln - loopnet · 2020. 4. 24. · noi: $72,333 for sale // multifamily property 2142 sw...

Documents