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600 Wildwood Way
Clearwater, FL 33756
Wildwood Way Apartments · Multifamily Property For Sale
·
18 Units
Investment Highlights
- 16.41% Cash-on-Cash return (year 1) through light value-add strategies
- Fully renovated turn-key asset with $200 in rental upside
- 7 minutes from the site of the Imagine Clearwater Master Development ($55M+ master plan aiming in further vitalize Downtown Clearwater with economic a
- Ability to increase cap rate 195bps up to 7.47% through light value-add strategies
- 3 minutes from Morton Plant Hospital (55,000 annual patients, 613 beds, 2,000+ jobs)
- 10 minutes from Clearwater Beach (Voted top beach in the U.S – TripAdvisor)
Property Facts
| No. Units | 18 | Lot Size | 0.54 AC |
| Property Type | Multifamily | Building Size | 14,212 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.94/1,000 SF |
| Zoning | MDR, Clearwater | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 14,212 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | MDR, Clearwater |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 674 |
| 2+1 | 8 | - | 934 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,113,228 | |
| Land Assessment | $0 | Total Assessment | $1,113,228 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$1,113,228
Total Assessment
$1,113,228
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