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26th Street West Apartments 612 26th St W

4 Unit Block of Flats £437,666 (£109,416/Unit) 7.60% Net Initial Yield Bradenton, FL 34205

Investment Highlights

  • Value-Add Offering with Strong Rental History, Providing Consistent & Reliable Cash Flow
  • Consists of 4-Units in 1 Building on 1 Parcel Totaling 0.18-Acres | On-Site Laundry Room, Sufficient Off-Street Parking & Freshly Painted Exteriors
  • Located 2-Miles West of Manatee Memorial Hospital, a 319-Bed Hospital w/ Over 1,900 Employees
  • Substantial Upside Potential w/ Restoring 3 Concrete Block Garages in the Rear of the Property
  • Unique & Charming 1920’s Construction Property Unaffected by the Last 3 Hurricanes
  • Within Minutes of Downtown Bradenton and the Riverwalk and 15-Minutes of Holmes Beach & Anna Maria Island

Executive Summary

View OFFERING MEMORANDUM for full details and financial information! (See links section)
The Multifamily Firm is pleased to present the 26th Street West Apartments, a 4-Unit apartment building in Bradenton, Florida, located just minutes from Downtown Bradenton and the Riverwalk. A value-add offering with strong rental history, the property features an on-site laundry room, sufficient off-street parking, freshly painted exteriors, and substantial upside with restoring the 3 concrete block garages in the rear of the property. A unique & charming 1920’s construction property, the property was unaffected by the last 3 hurricanes, and provides consistent & reliable cash flow!

Property Facts

Price £437,666
Price Per Unit £109,416
Sale Type Investment
Net Initial Yield 7.60%
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.18 AC
Building Size 2,734 SF
Number of Floors 2
Year Built 1920

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35278-0000-1
Land Assessment
£32,191
Improvements Assessment
£257,332
Total Assessment
£289,524

zoning

Zoning Code BR_P
BR_P
  • Listing ID: 33883324

  • Date on Market: 15/11/2024

  • Last Updated:

  • Address: 612 26th St W, Bradenton, FL 34205

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