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2740-2748 Proctor Rd
Sarasota, FL 34231 South Sarasota

Price Upon Request

Apartments For Sale  •  15,600 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,600 SF
  • Lot Size 1.09 AC
  • Building Class C
  • Year Built 1981
  • Cap Rate 6.25 %
  • Tenancy Multiple
  • Zoning RMF-2
30 Transit Score
60 Walk Score

Highlights

Fully Occupied w/ Upside Potential Through Additional Interior Cosmetic Upgrades & Exterior Common Area Enhancements
Significant Capital Improvements Completed, Including New Roofs (2023), Exterior Painting, Resurfaced Pool-Deck & Numerous Interior Updates
Separate Parcel ID’s for All Units, Offering a Potential Future Condo Sell-Off Strategy | Two Separate Parking Lots & Entrances (1 Per Building)
Favorable Unit Mix of 100% Large 2-Bedroom / 1.5-Bathroom Units w/ Two-Story Townhome Style Floorplans | Masonry Construction
All Utilities Paid by Tenants Direct to Utility Provider | In-Unit Washer/Dryers, Spacious Screened-In Patios & Sizable Master Bedroom Balconies
Amenities Include Built-In Swimming Pool, Sun Deck, Abundant Parking & Extensive Underutilized Common Area to Add More Amenities

Property Flyers

Cap Rate: 6.25 %

Amenities

  • Air Conditioning
  • Balcony
  • Courtyard
  • Dishwasher
  • Fenced Lot
  • Microwave
  • Pool
  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Pet Play Area
  • Ceiling Fans
  • Tile Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Sundeck
  • Dining Room
  • Linen Closet
  • Patio
  • Vinyl Flooring

Public Transportation

AirportDriveWalkDistance
Sarasota/Bradenton International 20 min - 10.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC