Commercial property in Bradenton, Florida 11 bedrooms, 558.99 sq.m. № 1849961

Property description

Prime 6-unit multifamily community just minutes from Downtown Bradenton, featuring a desirable mix of 1-, 2-, and 3-bedroom floorplans and offering a 6.5% takeover cap rate with adjusted taxes and full expenses. Recent capital improvements include new roofs in 2018 and updated water heaters and AC systems in 2023. Additional income potential from onsite laundry and storage units. Located just 0.9 miles from the heart of Downtown Bradenton and surrounded by top attractions like LECOM Park, Pier 22, and The Bradenton Riverwalk. The property benefits from proximity to major retailers including Starbucks, Publix, Walmart, and Costco, and is 23 minutes from Sarasota–Bradenton International Airport. Situated in one of the nation’s fastest-growing metro areas with projected 10-year job growth of 44.6%, this investment offers both immediate cash flow and long-term upside. Listing includes Parcels 4374800059 and 4374800109