Active

$1,599,900

Features:
  • 72 Bedrooms
  • 72 Bathrooms
  • 784 sq ft
Overview
  • ID: MFRTB8521537
  • Bedrooms: 72
  • Bathrooms: 72
  • Size: 784 sq ft
Property Details
Remarks
8-unit multifamily investment portfolio located within an established condominium community consisting of only 10 total units on Ho Wil Lane in Bradenton, Florida. Based on seller-provided financial information, the portfolio is currently fully leased and generates approximately **$159,180** in annual gross rental income with an estimated **Net Operating Income (NOI) of $118,514**. Buyers are encouraged to independently verify all financial information during their due diligence. Each unit features a private laundry room, attached carport, and enclosed Florida room, providing additional functional living space and enhancing tenant appeal. Future improvements or modifications are subject to buyer verification and any required approvals. Tenants are responsible for utilities, helping to reduce operating expenses. Ideally located near shopping, dining, Sarasota-Bradenton International Airport, downtown Bradenton, and the Gulf Coast beaches. Financial statements, current rent roll, lease summaries, and additional property information are available to qualified buyers upon request. Seller may consider selling the units individually following the initial portfolio marketing period.
Financial Considerations
Price:
$1,599,900
HOA Fee:
270
Tax Amount:
$1720
Price per SqFt:
$2040.69
Tax Legal Description:
UNIT 4 PINE VILLAS CONDO PI#53470.0055/5
Exterior Features
Lot Size:
50341
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
72
Bathrooms:
72
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1980
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence
Additional Features 2:
N/A
Map
  • Address
    4808 HO WIL LN
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 1,938,000
avt
Daniel Dourado
$ 569,000
avt
Daniel Dourado
$ 524,900
avt
Daniel Dourado
$ 630,000
img
  • Featured
  • Active
Duplex

8723 & 8724 N 48TH ST

  • 8
  • 5
  • 153 m²
avt
Daniel Dourado
$ 599,000
img
  • Featured
  • Active
Duplex

8726 & 8728 N 48TH ST

  • 8
  • 4
  • 146 m²
avt
Daniel Dourado
$ 599,000
img
  • Featured
  • Active
Duplex

3451 BAL HARBOR BLVD

  • 6
  • 4
  • 231 m²
avt
Daniel Dourado
$ 569,000
avt
Daniel Dourado
$ 300,000
avt
Daniel Dourado
$ 399,000
avt
Daniel Dourado
$ 310,000
img
  • Featured
  • Active
Duplex

10524 PENDLETON AVE

  • 4
  • 4
  • 221 m²
avt
Daniel Dourado
$ 445,000
img
  • Featured
  • Active
Duplex

4401 ROCKLEDGE RD

  • 5
  • 5
  • 336 m²
avt
Daniel Dourado
$ 999,500