26th Street West Apartments | 612 26th St W
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26th Street West Apartments 612 26th St W
4 Unit Apartment Building $554,000 ($138,500/Unit) 7.60% Cap Rate 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!
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 | $554,000 | Apartment Style | Low Rise |
| Price Per Unit | $138,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 7.60% | Building Size | 2,734 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment |
| Price | $554,000 |
| Price Per Unit | $138,500 |
| Sale Type | Investment |
| Cap Rate | 7.60% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,734 SF |
| No. Stories | 2 |
| Year Built | 1920 |
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PROPERTY TAXES
| Parcel Number | 35278-0000-1 | Improvements Assessment | $326,150 |
| Land Assessment | $40,800 | Total Assessment | $366,950 |
PROPERTY TAXES
Parcel Number
35278-0000-1
Land Assessment
$40,800
Improvements Assessment
$326,150
Total Assessment
$366,950
zoning
| Zoning Code | BR_P |
| BR_P |
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Phil Ginexi -
Kyle Keelan -
The Multifamily Firm, LLC
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26th Street West Apartments | 612 26th St W
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