Listing Number:  BBF-893234208

Category : Real Property Rltd SIC 6519
Detail : Income Property Price : 525,000
County : Manatee Down : 525,000
State/Prov. : Florida Adj Net : 41,700
Country : USA Sales : 51,600

Multi-unit single-family residential neighborhood available. This portfolio consists of 3 contiguous residential parcels totaling 2.73 acres: The 4/3 lakefront home is leased annual at $1600/month, the 3/2 lakefront home at $1600/month and a 3/1 home at $1,100/month. $51,600 GRM, $41,700 NOI. Documented 7.9% cap at list price. Properties located on a gorgeous lake zoned PRM & AG, A1, Res/PRM, A=1, RSF-6. Straight rezone to 6 DU's/acre, 9 DU's/acre possible. Future redevelopment expected.

Business is     Relocatable: N    Home Based: N    Franchise: N    Lender Pre-Qualified: N

Accounts Rec 0 N* Real Estate 525,000 Y*
Inventory 0 N* ___________ 0 N*
F F & E 0 N* Total Assets 525,000 Y*
Leasehold 0 N* * Included?

The listing agent is a business broker and/or a licensed real estate broker

Truforte Business Group Office :  (239) 284-1317
8270 College Pkwy Suite 105 Fax :  (239) 603-6235
Fort Myers, Florida 33919 Email :  info@truforte.com
USA Home Page :  www.trufortebusinessgroup.com


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