Shenandoah Park 3 Home Portfolio · Shenandoah Park 3 Home Portfolio ADDITIONAL PHOTOS American Property Group | 7750 S Tamiami Trail, Sarasota, FL 34231 | 941.923.0535 |

A D A M D O A K941.923.0535 [email protected]

American Property Group7750 S Tamiami TrailSarasota, FL 34231941.923.0535americanpropertygroup.com

Shenandoah Park 3Home Portfolio2105, 2125, 2147 8th St., Sarasota, FL 34237

SHENANDOAH PARK 3 HOME INVESTMENT

American Property Group | 7750 S Tamiami Trail, Sarasota, FL 34231 | 941.923.0535 | www.americanpropertygroup.com

A D A M D O A KCommercial Realtor941.923.0535 [email protected]

OFFERING SUMMARYSale Price: $395,000

Number Of Units: 3

Lot Size: 19,927 SF

Building Size: 3,453 SF

Renovated: 2018

Zoning: DTN

Price / SF: $114.39

PROPERTY OVERVIEWThree Homes all on the same street. Currently heavily under leased with huge upside.Located just minutes from Downtown Sarasota, Gillespie Park, Rosemary District andSarasota Bay area!

House mix per the seller includes:2105 - 4 Bedroom with 2 Bedroom. Per County Records shows 3 bedroom 2 bathroom2125 - 3 Bedroom with 1 Bathroom. Newer A/C2147 - 1 Bedroom with 1 Bathroom

No tenants have leases so instant rental increases should be placed as like kind rentalswith 2 bedrooms to 3 bedrooms have rental income of around $1300-$1400 a month. Onebedrooms should be around $900 to $1000 a month.

Current rents collected are:2105 - $750.00 a month2125 - $950.00 a month2147 - $750.00 a month

Per the seller all roofs have been replaced in 2018.

PROPERTY HIGHLIGHTS•

Multifamily PropertyFor Sale

2105, 2125, 2147 8th St.Sarasota, FL 34237

Shenandoah Park 3 Home Portfolio

E X E C U T I V E S U M M A R Y



PROPERTY DESCRIPTIONThree Homes all on the same street. Currently heavily underleased with huge upside. Located just minutes fromDowntown Sarasota, Gillespie Park, Rosemary District andSarasota Bay area!

House mix per the seller includes:2105 - 4 Bedroom with 2 Bedroom. Per County Recordsshows 3 bedroom 2 bathroom2125 - 3 Bedroom with 1 Bathroom. Newer A/C2147 - 1 Bedroom with 1 Bathroom

No tenants have leases so instant rental increases should beplaced as like kind rentals with 2 bedrooms to 3 bedroomshave rental income of around $1300-$1400 a month. Onebedrooms should be around $900 to $1000 a month.

Current rents collected are:2105 - $750.00 a month2125 - $950.00 a month2147 - $750.00 a month

Per the seller all roofs have been replaced in 2018.

LOCATION DESCRIPTIONLocated at the corner of 8th St and East Ave across fromShenandoah Park.


2105, 2125, 2147 8th St.Sarasota, FL 34237


P R O P E R T Y D E S C R I P T I O N




2105, 2125, 2147 8th St.Sarasota, FL 34237


A D D I T I O N A L P H O T O S




2105, 2125, 2147 8th St.Sarasota, FL 34237


F L O O R P L A N S




2105, 2125, 2147 8th St.Sarasota, FL 34237


M I N U T E S F R O M D O W N T O W N S A R A S O T A




2105, 2125, 2147 8th St.Sarasota, FL 34237


L O C A T I O N M A P S



POPULATION 1 MILE 3 MILES 5 MILESTotal Population 12,657 75,945 155,255Average age 35.0 43.4 46.1Average age (Male) 32.3 41.6 44.6Average age (Female) 38.0 45.6 47.8

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTotal households 4,947 32,241 68,187# of persons per HH 2.6 2.4 2.3Average HH income $48,265 $60,165 $68,009Average house value $220,035 $324,305 $295,018* Demographic data derived from 2010 US Census


2105, 2125, 2147 8th St.Sarasota, FL 34237


D E M O G R A P H I C S M A P & R E P O R T

Documents

Shenandoah Park 3 Home Portfolio · Shenandoah Park 3 Home Portfolio ADDITIONAL PHOTOS American Property Group | 7750 S Tamiami Trail, Sarasota, FL 34231 | 941.923.0535 |