$8,250,000
For Sale

942,946,950 TAMIAMI TRAIL

PORT CHARLOTTE, FL 33953
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Description

Grand Oaks Plaza II, is a great multi-tenant investment property in an amazing location! This is an opportunity to purchase a strong income-producing property. This sale includes all units in 942, 946, and 950 Tamiami Tr, Port Charlotte, Fl 33953 with the exception of 1 unit (946 Tamiami Tr Unit 206 NOT included). The 3 buildings are currently split into 12 units. 10 units are currently leased, the rent roll is attached below. The 2 vacant units are gray shells. The current Gross Income for this property is $716,377.68 and the 2021 Operating Expenses are $139,133.78.The Net Income is $577,243.90 which puts the property at a 7% CAP Rate!
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  • Property Details
    • Measurements
      • Acres:5.64
      • Square Feet:45542
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2007
    • Material information
      • Foundation:Slab
  • Community and Neighborhood Details
    • Location
      • County:Charlotte
    • Community
      • Subdivision:GRAND OAKS PLAZA II
  • Financial Details
    • Pricing Details
      • Original List Price:$7, 567, 252
      • Selling Office Commission:2%
      • Annual taxes:$59, 763
      • Days on Market (Cumulative):389
  • Other
    • Source
      • MLS #:C7453339

Location

Don - SeawindsSeawinds Realty, Inc.
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