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Sarasota Villas is Comprised of Three Units - a Three-bedroom, Two-bathroom Unit, a Two-bedroom, One-bathroom Unit, and a Studio With a Kitchen. All Units Have Been Fully Renovated to Feature New Porcelain Floors, Kitchen Appliances, Cabinets, and Central Ac. The Property Also Boasts Granite Counters, Fully Gutted Pvc Pipes, and New Electrical and Roofing Systems. The Landscaping Has Also Been Redone.
Sarasota Villas
Sarasota Villas
The Property is Currently Fully Occupied, Generating a Monthly Rental Income of $6,500. The Cap Rate for This Property is at 5.6%, Making It an Attractive Investment Opportunity. This Property is Situated on a Double Lot That Spans 14,000 Square Feet. It is Important to Note That the Lot is Buildable, and the City of Sarasota Has Changed the Density Regulations in the Area, Making It Possible to Build Additional Units on the Lot
The Property is Currently Fully Occupied, Generating a Monthly Rental Income of $6,500. The Cap Rate for This Property is at 5.6%, Making It an Attractive Investment Opportunity. This Property is Situated on a Double Lot That Spans 14,000 Square Feet. It is Important to Note That the Lot is Buildable, and the City of Sarasota Has Changed the Density Regulations in the Area, Making It Possible to Build Additional Units on the Lot