32 unit *GEM* apartment complex located in St. Petersburg, FL. FOR SALE by NAI Tampa Bay
NAI Tampa Bay is proud to present the Devon Manor Apartments this 32 Unit centrally located complex is an investors dream!!! Largest units in the area!!! The property has recently undergone a 2 year renovation that included a new roof, interior renovations, landscaping and exterior paint. The property is located in a quite residential neighborhood but within walking distance to major grocery, retail and banking centers. Covered parking and concrete block construction with a new shingle roof make this asset the pride of the neighborhood. This property is an excellent opportunity for long term stable cash flow with management already in place and a waiting list of tenants ready to move in.
Property Type: Multifamily
Property Use Type:Investment
Concrete Block Construction
NO FLOOD INSURANCE REQUIRE
Property owned Laundry
Room to raise revenue through sub-metering.
NOTE: Listing broker maintains an ownership interest in the asset.
Assumable financing in place of $1,040,000 at 4.7% for 4 years.
If you have questions, please contact Sean Dreznin at email@example.com or (941) 961-8199.