Description
Multi-tenant investment opportunity in Sarasota County with a 5.19% Cap Rate. 100% occupied retail strip building located in North Port. The building is currently split into 6 units but could be further devised into 8 units. The owner's expense sheet and rent roll are attached below. The current Gross Income for this property is $179,801.16. The Net Income is $162,970.22 which puts the property at a 5.25% Cap Rate!
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0BEDS
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3.21ACRES
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0BATHS
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01/2 BATHS
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14,050SQFT
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$221$/SQFT
School Ratings & Info
Description
Multi-tenant investment opportunity in Sarasota County with a 5.19% Cap Rate. 100% occupied retail strip building located in North Port. The building is currently split into 6 units but could be further devised into 8 units. The owner's expense sheet and rent roll are attached below. The current Gross Income for this property is $179,801.16. The Net Income is $162,970.22 which puts the property at a 5.25% Cap Rate!
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