Hyde Park Apartments | 1887 Hyde Park St
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Hyde Park Apartments 1887 Hyde Park St Immeuble residentiel 6 lots 1 742 756 € (290 459 €/Lot) Sarasota, FL 34239
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 3,813 SF mid-rise building
- Constructed in 1950
- Prime location in Sarasota
- 6 units for multifamily investment
- Zoned RMF-3
- Remarkable 99% occupancy rate
RÉSUMÉ ANALYTIQUE
This property has 6 units in good condition. Building #1 is 2,912 SF. Building #2 is 2,813 SF. Zoning is RMF3. Lot Size is 14,180 SF or 1/3 of an acre.
Front building (closer to Hyde Park Street) has four units. In the last 5-6 years they have been renovated/upgraded with new floors, kitchens, bathrooms, A/C (split units), paint, appliances (including washer/dryer etc. The exterior has been painted and a new roof has been installed.
a. The upstairs units in the front building are 1BR/1BA rented annually (unit numbers 8 & 4) have stable annual tenants in place, these two units are probably under rented by $100-$200 per month. Both 8 & 4 are presently $1,600.00 per month
b. The downstairs units are fully furnished and offered as short-term rentals. Because of the inconsistency of rent amounts at various times of the year or duration of stay we are providing annual figures. Unlike the monthly rents above and below, these are estimates only. The downstairs units could easily be converted to annual rentals. Present owners have continued the short-term primarily because the annual revenue is higher. Number 6 is a 2BR/1BA (a large second bedroom has been built. Number 2 is 1BR/1BA, same as above. Number 6 $19,549 and Number 2 is $22,852. These numbers are annual and estimated but remain short term due to the close proximity to the SMH hospital which is considered the 4th best hospital in all of Florida.
c. The back building is elevated, with carports below. These are efficiency units, rented annually. Tenants are stable. These units are well maintained and have had minor upgrades. New roof 3 years ago +/-. New A/C (all units, not split units as in front building). Number 3 & number 1 are rented at $1,350. Per month.
In estimating the investment value at present the gross income is $116,500.00 taxes are $25,200.00, projected insurance is $15,000.00 and estimated management is $12,000.00 per year resulting in a net operating income of $74,300.00.
Front building (closer to Hyde Park Street) has four units. In the last 5-6 years they have been renovated/upgraded with new floors, kitchens, bathrooms, A/C (split units), paint, appliances (including washer/dryer etc. The exterior has been painted and a new roof has been installed.
a. The upstairs units in the front building are 1BR/1BA rented annually (unit numbers 8 & 4) have stable annual tenants in place, these two units are probably under rented by $100-$200 per month. Both 8 & 4 are presently $1,600.00 per month
b. The downstairs units are fully furnished and offered as short-term rentals. Because of the inconsistency of rent amounts at various times of the year or duration of stay we are providing annual figures. Unlike the monthly rents above and below, these are estimates only. The downstairs units could easily be converted to annual rentals. Present owners have continued the short-term primarily because the annual revenue is higher. Number 6 is a 2BR/1BA (a large second bedroom has been built. Number 2 is 1BR/1BA, same as above. Number 6 $19,549 and Number 2 is $22,852. These numbers are annual and estimated but remain short term due to the close proximity to the SMH hospital which is considered the 4th best hospital in all of Florida.
c. The back building is elevated, with carports below. These are efficiency units, rented annually. Tenants are stable. These units are well maintained and have had minor upgrades. New roof 3 years ago +/-. New A/C (all units, not split units as in front building). Number 3 & number 1 are rented at $1,350. Per month.
In estimating the investment value at present the gross income is $116,500.00 taxes are $25,200.00, projected insurance is $15,000.00 and estimated management is $12,000.00 per year resulting in a net operating income of $74,300.00.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 742 756 € | Classe d’immeuble | C |
| Prix par lot | 290 459 € | Surface du lot | 0,13 ha |
| Type de vente | Investissement | Surface de l’immeuble | 354 m² |
| Nb de lots | 6 | Occupation moyenne | 70% |
| Type de bien | Immeuble residentiel | Nb d’étages | 2 |
| Sous-type de bien | Appartement | Année de construction | 1950 |
| Style d’appartement | De faible hauteur |
| Prix | 1 742 756 € |
| Prix par lot | 290 459 € |
| Type de vente | Investissement |
| Nb de lots | 6 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,13 ha |
| Surface de l’immeuble | 354 m² |
| Occupation moyenne | 70% |
| Nb d’étages | 2 |
| Année de construction | 1950 |
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 1+1 | 6 | - | - |
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TAXES FONCIÈRES
| Numéro de parcelle | 2037-16-0028 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 805 026 € |
TAXES FONCIÈRES
Numéro de parcelle
2037-16-0028
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
805 026 €
ZONAGE
| Code de zonage | RMF-3 |
| RMF-3 |
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Hyde Park Apartments | 1887 Hyde Park St
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