CALL FOR OFFERS: The SRQ Portfolio
An extremely rare CALL FOR OFFERS on a portfolio of 74 units in Sarasota, FL.
The SRQ Portfolio is rare for a few reasons one of which is there are only 9 properties that encompass the total 74 unit count.
Many of the buildings have been updated with roofs, mechanicals, exterior painting and interior improvements.
❖ Nice mix of Units; 7 – Studio units 28 – One Bedroom units 19 – Two Bedroom / One Bath (includes one SFH one a single parcel with additional 4-unit) 14 – Two Bedroom / Two Bath 1 – Three Bedroom / Two Bath 5 – commercial spaces
❖ Individual properties can be sold from this portfolio at owners discretion. We have detailed OM’s and data available and can discuss and provide.
❖ List of properties for reference; 1664 9th St – 3-units – potential redevelopment 6273 Draw Lane – 4-units 2111 Palm Terr – 4 units 4704 Swift Road – 5-units 1630 Redwood St – 6-units 1910-1940 Debbie St – 8-units 2015 S Tuttle Ave – 11-units 2738 & 2739 Grand Cayman St – 16-units 2060 & 2066 Hillview St / 2067 Hyde Park St – 17-units + 3 bonus income garages (not included in 74 units)
Portfolio Description
For further information, communications with the listing agent and an executed CA will be required. Prospective Purchasers are encouraged to visit the subject properties prior to submitting offers. However, all property tours must be arranged with the exclusive Dreznin Pappas Commercial Real Estate agents. At no time shall the tenants, on-site management or staff be contacted without prior approval. ❖ 9 total properties. 22 buildings. 93% of portfolio is multifamily. 7% is commercial (office, retail). (one mixed-use property)
Portfolio Key Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 74 |
| Cap Rate: | 6.52% |
| Opportunity Zone: | No |
| Portfolio Website | Click Here |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Sean Dreznin | 941.961.8199 | [email protected] |
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