Multifamily
Laurie Court Apartments
6550 41st Ave N, St. Petersburg, FL 33709
Listing Price: $1,140,000
Cap Rate
5.51%
GRM
10.03
Investment Overview
An 8-unit multifamily community in St. Petersburg, FL with an attractive unit mix of all two-bedroom units.
Laurie Court Apartments
Investment Highlights
- An 8-unit multifamily community in St. Petersburg, FL
- Attractive unit mix of all two-bedroom units
- Concrete block construction
- Significant proven upside potential with a 41% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements
- Situated in Pinellas County, Florida's most densely-populated county
- 0.5 miles to HCA Florida St. Petersburg Hospital, a 215-bed acute care facility with 24/7 emergency services, Advanced Primary Stroke Center, and accredited Breast Center with advanced imaging
- Minutes from the Gulf of Mexico and world-renowned Clearwater Beach, named TripAdvisor's "#1 Beach in the U.S." multiple times
- 4 miles to I-275, offering convenient access to Tampa, St. Petersburg and Clearwater
Exclusively Listed By
Financing By
Investment Highlights
- An 8-unit multifamily community in St. Petersburg, FL
- Attractive unit mix of all two-bedroom units
- Concrete block construction
- Significant proven upside potential with a 41% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements
- Situated in Pinellas County, Florida's most densely-populated county
- 0.5 miles to HCA Florida St. Petersburg Hospital, a 215-bed acute care facility with 24/7 emergency services, Advanced Primary Stroke Center, and accredited Breast Center with advanced imaging
- Minutes from the Gulf of Mexico and world-renowned Clearwater Beach, named TripAdvisor's "#1 Beach in the U.S." multiple times
- 4 miles to I-275, offering convenient access to Tampa, St. Petersburg and Clearwater
Investment Overview
An 8-unit multifamily community in St. Petersburg, FL with an attractive unit mix of all two-bedroom units.
Exclusively Listed By
Financing By
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