For Sale
$3,300,000

120 Granada BlvdNorth Port, FL 34287

Florida Rental Portfolio: High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a stabilized portfolio of nineteen single-family rental units across nine properties located in desirable areas of Sarasota, Charlotte, and Manatee Counties, Florida. The portfolio boasts a compelling 8.49% cap rate and an asking price of $3,300,000. Properties are situated in North Port (four properties), Port Charlotte (three properties), Bradenton (one property), and Englewood (one property), and Punta Gorda (one property). Addresses include 120 Granada Blvd, 205 Granada Blvd, 205 Santurce Ave in North Port

Highlights

  • Nine-property multifamily portfolio offering excellent stability and tenant occupancy.
  • Low vacancy rates with long-term leases.
  • Ideal for first-time portfolio investors or portfolio expansion.
  • Properties situated in areas unaffected by recent storms.

Property Details for 120 Granada Blvd

Property type
Residential income homes
Units
19

Location Insight

City
North Port
County
Sarasota
State
Florida
Latitude
27.0481172
Longitude
-82.2556505
120 Granada Blvd, North Port, Florida

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120 Granada Blvd
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