Rainbow Lake Apartments — Sale in Bradenton, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Bradenton, FL 34207

Investment Figures

Cap rate
6.41%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

A 2008 vintage, townhome-style property in Bradenton, FL Investment Highlights: • 2008 vintage, townhome-style property • Unit Mix – All two bedroom one and one-half bath room at 967 square feet • Every Unit has a stackable washer and dryer, patios as well as water views for select units • Major renovations across the property including brand new roofs as well as exterior paint • Situated just seconds from multiple major retail corridors giving tenants easy access to employment, entertainment, shopping and easy access to the local schools • Just a short drive from some of Florida's most beautiful beaches including, Bradenton Beach, Longboat Key and Siesta Key • Assumable Loan with a blended rate under 5%

Market Context

This multifamily in Bradenton, FL is listed for sale. It is offered at an approximate 6.4% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Bradenton, FL — view the full market.

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