Description
Multi-tenant investment opportunity in Sarasota County with a 6% Cap Rate. 100% occupied retail strip building located in North Port.
The building is currently split into 6 units but could be further devised into 8 units. The owner's expense sheet and rent roll are attached below. The current Gross Income for this property is $179,801.16. The Net Income is $162,970.22 which puts the property at a 6% Cap Rate!
A new roof is being put on post-Hurricane Ian!
Location
Courtesy of: COLDWELL BANKER REALTY All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided by My Florida Regional MLS DBA Stellar MLS for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Updated: 30th January, 2023 4:43 AM (UTC)
