Multifamily
Rainbow Lake Apartments
1007 57th Ave W, Bradenton, FL 34207
Listing Price: $5,600,000
Cap Rate
6.36%
GRM
9.51
Investment Overview
A 2008 vintage, townhome-style property in Bradenton, FL
Rainbow Lake Apartments
Investment Highlights
- 2008 vintage, townhome-style property
- Unit Mix – All two bedroom one and one-half bath room at 967 square feet
- Every Unit has a stackable washer and dryer, patios as well as water views for select units
- Major renovations across the property including brand new roofs as well as exterior paint
- Situated just seconds from multiple major retail corridors giving tenants easy access to employment, entertainment, shopping and easy access to the local schools
- Just a short drive from some of Florida's most beautiful beaches including, Bradenton Beach, Longboat Key and Siesta Key
- The fast growing metro of Northport-Bradenton-Sarasota is expected to continue to say strong population growth trends in conjunction with expected per capita incoming to increase 16% through 2027 (Institute of Economic Forecasting - UCF)
- Assumable Loan with a blended rate under 5%
Exclusively Listed By
Financing By
Investment Highlights
- 2008 vintage, townhome-style property
- Unit Mix – All two bedroom one and one-half bath room at 967 square feet
- Every Unit has a stackable washer and dryer, patios as well as water views for select units
- Major renovations across the property including brand new roofs as well as exterior paint
- Situated just seconds from multiple major retail corridors giving tenants easy access to employment, entertainment, shopping and easy access to the local schools
- Just a short drive from some of Florida's most beautiful beaches including, Bradenton Beach, Longboat Key and Siesta Key
- The fast growing metro of Northport-Bradenton-Sarasota is expected to continue to say strong population growth trends in conjunction with expected per capita incoming to increase 16% through 2027 (Institute of Economic Forecasting - UCF)
- Assumable Loan with a blended rate under 5%
Investment Overview
A 2008 vintage, townhome-style property in Bradenton, FL
Exclusively Listed By
Financing By
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