Off-Market Offering240 Unit Multifamily St Petersburg FL
$37,000,000
Multifamily · 240 units
Asking Price
$37,000,000
Units
240
Asset Type
Multifamily
Investment Highlights
St Petersburg FL 240 unit multifamily built 1973 94% occupied 1164sqFt avg size $1600 rent avg with 201/240 units in classic condition with $400k in annual rent upside after upgraded. Recent heavy CapX on roof, pool and parking. Concrete block construction with 64 townhomes unique in area. $120k AHH. Normal sale owner asking $37m / 154k ppd / 7.5% cap negotiable
Crezly Admin
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/st-petersburg-fl-240-unit-multifamily-built/
https://www.crezly.com/property/st-petersburg-fl-240-unit-multifamily-built/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.