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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.

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

Multifamily

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

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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