The 6th St Apartments
Dreznin Pappas Commercial Real Estate LLC
309 6th St E, Bradenton, FL 34208
$723,000
Price
5.60%
Cap Rate
2003
Year Built
4
Number of Units
4,080
Building SF
BR_T5
Zoning Type

6th St Village
  • The 6th St Apartments were built in 2003 and meticulously maintained, this Multi-Family property at 309 6th St E stands as a testament to enduring quality and exceptional ownership. The garden of tenants nurtured over the years adds a vibrant touch to the community and environment for all residents.
  • Long-term tenants have proven to be the cornerstone of this property, offering the landlord peace of mind with their timely payments and positive contributions to the community near the Manatee River in Bradenton.
  • Unlock the potential of this property through strategic enhancements that promise a consistent flow of income. Acquiring a 4-unit property opens up a realm of advantageous financing options in today's dynamic market, paving the way for a lucrative investment opportunity with promising returns on investment.
  • Embrace the market's support for future income growth and stability by implementing a rent growth program or revitalizing the units. The solid foundation of this property, coupled with its prime location and desirable features, sets the stage for a prosperous investment journey filled with opportunities for financial growth and security.
  • Revel in the benefits of concrete block construction, spacious units exceeding 960 square feet each, and a coveted mix of all 2-bedroom, 2-bathroom units. The gated property offers an added layer of privacy and security, creating a sense of exclusivity for residents. Situated away from flood zones yet close to the Riverfront area, this property boasts a prime location surrounded by future and new developments, making it a gem waiting to be discovered. Each unit comes equipped with a washer and dryer, granite countertops in kitchens and bathrooms, and stainless steel appliances, elevating the living experience to new heights of comfort and sophistication.
Location Highlights
  • The 6th St Apartments are nestled in the perfect location in Manatee County. 3 short blocks away you can walk into the Tarpon Pointe Bar & Grill and Marina.
  • You are also a short walk, bike ride or drive from Riverside Dr and the Infamous Riverwalk, Manatee Mineral Park and Manatee Memorial Hospital.
  • According to FEMA maps, this property is NOT in a flood zone. (map included in OM)
  • Finally, some amenities tenants may frequent that are all within 3 miles from 6th Street Village, include Starbucks, Wawa, Pier 22 restaurant, LeCom Baseball Park (Pittsburgh Pirates spring home), Publix grocery, etc.
FOR MORE DETAILS CONTACT
Sean Dreznin
DREZNIN PAPPAS CRE, LLC
(941) 961-8199
tritoncre@gmail.com