121 N Jefferson Ave

Property Details
Price $3,150,000
No. Units 42
Building Size 29,050 SF
Total Lot Size 1.52 AC
Property Type Multifamily
Cap Rate 10.12%
No. Stories 2
Building Class C
Year Built 1976

Highlights
Two Property Multifamily Portfolio comprised of 42 total units in Clearwater & Largo off of Jefferson Avenue.
Ability to Raise the Net Operating Income by Approximately $100,000
Assets are Commanding Strong Utility Bill Backs with Further Room for Increase by Implementing on the Remaining Units
Properties Maybe Individually Partitioned
Centrally Located Assets Surrounded by Strong Local Clearwater Demand Drivers
Close Proximity to Clearwater Beach a Previously Named #1 Nationally Renowned Beach by TripAdvisor