Address: 966 22nd Avenue S, Saint Petersburg, FL 33705
Description
Investment Opportunity: 20 Unit Apartment Complex with Strong Cash Flow Potential
Lakeview Apartments In St. Petersburg this 20 unit apartment complex offers an outstanding investment opportunity with a proven track record. Built in 2008, the property features spacious, 2 bedroom, 2 bath units, all tile flooring ensures low maintenance and durability for years to come.
Key Investment Highlights:
20 Units: 2 bedroom, 2 bathroom, all tile units designed for easy upkeep and long term appeal.
Occupancy of available units: The complex is consistently fully leased, demonstrating a strong demand for rental units and excellent property management.
Average Rent: Current rent is $1,317 for 19 apartments, offering reliable, above average rental income potential.
Cap Rate of 5.3: A solid return on investment with room for rental increases and value enhancement over time.
Flood Zone X: Located in a low risk flood zone for added peace of mind.
Built in 2008: Modern construction ensures minimal repairs and maintenance, with updated amenities for tenants.
Call for details.
Investment Opportunity: 20 Unit Apartment Complex with Strong Cash Flow Potential
Lakeview Apartments In St. Petersburg this 20 unit apartment complex offers an outstanding investment opportunity with a proven track record. Built in 2008, the property features spacious, 2 bedroom, 2 bath units, all tile flooring ensures low maintenance and durability for years to come.
Key Investment Highlights:
20 Units: 2 bedroom, 2 bathroom, all tile units designed for easy upkeep and long term appeal.
Occupancy of available units: The complex is consistently fully leased, demonstrating a strong demand for rental units and excellent property management.
Average Rent: Current rent is $1,317 for 19 apartments, offering reliable, above average rental income potential.
Cap Rate of 5.3: A solid return on investment with room for rental increases and value enhancement over time.
Flood Zone X: Located in a low risk flood zone for added peace of mind.
Built in 2008: Modern construction ensures minimal repairs and maintenance, with updated amenities for tenants.
Call for details.
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