The SRQ Portfolio - Sarasota Multifamily
Sarasota Multifamily Portfolio | 6.16% CAP | 74 Units
Marketing description
This portfolio gives an investor the opportunity to acquire an economy of scale in Sarasota County with Sarasota addresses.
Ownership includes a group that takes pride in their properties with major capital improvements and additional enhancements as well including interior renovations, landscaping and mechanical repairs or replacements along the way!
This is a unique and rare opportunity and is being offered at an asking price that is researched with market support, financial historicals and comparable data.
It is imperative that any and all investors or prospective purchasers connect with us to discuss the offering and make sure its a good fit. Please do not approach or speak with anyone at any of these properties. If we are able to proceed and arrange tours, they will all be set up through Dreznin Pappas Commercial Real Estate LLC and its agents.
Investment highlights
- An extremely rare offering of 74 units in Sarasota, FL. The SRQ Portfolio is rare for a few reasons including there are only a handful of owners who own enough properties within Sarasota County to put an opportunity like this together.
- 9 total properties.
- 22 buildings.
- 93% of portfolio is multifamily.
- 7% is commercial (office, retail). (% based on unit count as one property is mixed-use)
- Many of the buildings have been updated with roofs, mechanicals, exterior painting and interior improvements.
- Nice mix of Units; 7 - Studio units, 28 - One Bedroom units, 19 - Two Bedroom / One Bath (includes one SFH one a single parcel with additional 4-unit), 14 - Two Bedroom / Two Bath, 1 - Three Bedroom / Two Bath, 5 - commercial spaces
- Individual properties can be sold from this portfolio at owners discretion. We have detailed OM's and data available and can connect, discuss and provide.
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