4502 3rd St Cir W

South Bradenton FL 34207

1053 sq. ft.

556648 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Investors dream! A high yield 10 unit condominium investment portfolio package that will continue to produce high yields of passive income for years to come! Located 6 miles from pristine Florida Gulf Coast Beaches at the Burgundy 2 Condominiums. This is an all age condominium and pet friendly community, the majority of units have now been renovated and are ready to provide years of solid financial return on your investment! We have 5 additional units that could be added upon price negotiations, net of over $125,000 yearly, with gross passive income being not far below and the demand for affordable housing this package can provide years of steady returns, portfolio has 5 year history at 100% occupancy. Great Opportunity to Own a Slice of Condominiums in Paradise! Nestled in the Burgundy II All-Ages Condominium, 10 units are being bundled together! Currently getting 5.8% Cap rate, this deal is a hard deal to find in todays current market. Come get it while it lasts! 7 1B/1B and 3 2B/1B