10775 VILLAGE CLUB CIRCLE Unit# 101, Saint Petersburg, Florida, 33716
$200,000
1,180 Sqft
3 bd
2 ba
#TB8547224
Tenant-occupied condominium investment opportunity in St. Petersburg generating $2,150 per month in current rental income. With an established tenant already in place, the property offers immediate income while also providing the flexibility of an individual resale. The property is being marketed individually at $200,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
PROPERTY FEATURES
- Utilities : Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Water Access : 0
- Sewer : Public Sewer
- Road Surface Type : Asphalt
PROPERTY DETAILS
ID: TB8547224
Status: Active
Price: $200,000
Type: Other
Address: 10775 VILLAGE CLUB CIRCLE Unit# 101
City, State: Saint Petersburg, Florida
County: Pinellas
Zip Code: 33716
Lat/Long: 27.870396, -82.644632
Call
NEARBY PROPERTIES AROUND PINELLAS COUNTY
These properties have been added to favorites!
These properties have been removed from favorites!