1211 62nd Avenue East

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1211 62nd Avenue East

Bradenton, FL 34203
Asking Price
$2.40M
Cap Rate
6.57%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

Portfolio of 4 Duplex's For Sale <ol><li>​Roof's replaced in the last 5 years</li><li>​All units have been gutted and renovated</li><li>​All units have there own folio number (can be resold individually)</li><li>​Close to major employment centers</li></ol>

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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.396
Annual Cash Flow
$-62,480.749

Location & Travel Times