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Multifamily

Royal Palm Apartments

1912 7th Ave W, Bradenton, FL 34205

Listing Price: $3,750,000

Cap Rate
6.25%
GRM
9.03

Investment Overview

A 28-unit apartment community located in Bradenton, Florida 

Investment Highlights

  • A 28-unit apartment community located in Bradenton, Florida 
  • Significant potential for growth, with a clear pathway to a 7.48% cap rate by the second year 
  • Property features an interior corridor design 
  • Renovated units include updated appliances, new cabinets, modern light fixtures, countertops, and sinks
  • Over $100,000 invested in recent capital improvements, including new plumbing and all-new mini-split air conditioning systems, as well as upgraded kitchens 
  • Situated just 1 mile from downtown Bradenton 
  • 1.4 miles from Manatee Memorial Hospital 
  • Average household income within a five-mile radius is $69,988

Exclusively Listed By

Financing By

Multifamily

Royal Palm Apartments

Investment Highlights

  • A 28-unit apartment community located in Bradenton, Florida 
  • Significant potential for growth, with a clear pathway to a 7.48% cap rate by the second year 
  • Property features an interior corridor design 
  • Renovated units include updated appliances, new cabinets, modern light fixtures, countertops, and sinks
  • Over $100,000 invested in recent capital improvements, including new plumbing and all-new mini-split air conditioning systems, as well as upgraded kitchens 
  • Situated just 1 mile from downtown Bradenton 
  • 1.4 miles from Manatee Memorial Hospital 
  • Average household income within a five-mile radius is $69,988

Investment Overview

A 28-unit apartment community located in Bradenton, Florida 

Exclusively Listed By

Financing By

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