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2722 49th Ave W
Bradenton, FL 34207
Build-to-Rent Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class C
Total Plot Size 2.10 ac
Property Size 7,200 sq ft
No. Floors 2
Year Built 1985
Use Class PD-R

ABOUT 2722 49TH AVE W , BRADENTON, FL 34207

MultiFamily Development Opportunity! Income Producing! Existing apartment building with eight 2 bedroom/ 2 bath apartments. All with spacious open floor plans! Each unit is 900 SF. Owner has completely renovated four apartments and is currently working on the remaining four. Rents range from $1500/ month to $1750/ month. All renovations include open plans, new appliances, granite counters, new water heater, updated plumbing and electric. Property will be sold with complete, high quality renovations. The Property includes the 8,625 sf adjacent site suitable for an additional 8 units. Plans were to build another 8 unit apartment building with a possibility of 12 units. The entire property is in an association with this owner having well over 51% ownership. The property is currently zoned PD-R. The property is located on a lake and includes a pool. AADT: 49,500.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
2+2 8 - 900
  • Listing ID: 17975640

  • Date on Market: 16/12/2019

  • Last Updated:

  • Address: 2722 49th Ave W, Bradenton, FL 34207

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