- $25,000,000
- 8.72% Cap Rate
- 65,552 SF Apartment Building
- Own a 38-unit, 415-guest luxury amenity-filled waterfront community in Florida's Panhandle, blending modern living, coastal charm, & strong investment returns.
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Port Saint Joe Apartment Buildings for Sale
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FAQs about Apartment Buildings for Sale in Port Saint Joe
How many Apartment Building listings are available for sale in Port Saint Joe?
Currently, there are 2 Apartment Building listings for sale near Port Saint Joe, FL. LoopNet continuously displays updated multi-family building listings, with new properties regularly included.
How much is an Apartment Building for sale in Port Saint Joe?
The average price per square foot for Port Saint Joe apartment buildings for sale is about $413.
When available, the price of these buildings in Port Saint Joe, FL varies greatly based on the number of units, condition of the building, available amenities, general location, etc.
When available, the price of these buildings in Port Saint Joe, FL varies greatly based on the number of units, condition of the building, available amenities, general location, etc.
What is the average size of Apartment Buildings available for sale in Port Saint Joe?
The average size of apartment buildings for sale in Port Saint Joe, FL is approximately 35,416 SF. The largest building available is 65,552 SF and the smallest is 5,280 SF.
What is the average cap rate for Multi-family Properties in Port Saint Joe?
Cap rates for apartment buildings in Port Saint Joe, FL typically range between 6.81% and 8.72%, with variations influenced by factors including tenant quality, lease terms, and property age. Read more about cap rates and the factors that influence them such as location, property type and market conditions.
Why are Apartment and Multi-family Buildings considered a good investment in Port Saint Joe?
In general, buying an apartment building can be considered a good investment because they provide rental income from multiple sources which can diversify cash flow opportunities and reduce risk by having income streams from multiple sources.
Depending on the location within the city of Port Saint Joe, apartment buildings have the potential to appreciate and increase rental income over time. There are also certain tax benefits available when it comes to investing in apartment buildings for sale in Port Saint Joe, FL.
Depending on the location within the city of Port Saint Joe, apartment buildings have the potential to appreciate and increase rental income over time. There are also certain tax benefits available when it comes to investing in apartment buildings for sale in Port Saint Joe, FL.
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