5 Duplex Portfolio in Englewood, FL › d2 › iufgaIvhk6AK1k_Om27...ANDY METZ 941.923.0535 x310...

Multiple Addresses | Englewood, FL 34224

MULTIFAMILY INVESTMENT OPPORTUNITY

A N D Y M E T Z941.923.0535 [email protected]

5 Duplex Portfolioin Englewood, FL

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

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

A N D Y M E T ZRealtor | Commercial Specialist941.923.0535 [email protected]

SALE PRICE CALL FOR PRICE

OFFERING SUMMARYNumber Of Units: 10

Cap Rate: CALL FOR CAP RATE

NOI: $76,975

Zoning: RMF-10 and RSF-3.5

PROPERTY OVERVIEWNicely nestled in the historic city of Englewood, FL (Charlotte County),these 5 Duplexes are 100% occupied with long term tenants and leases inplace! Well-maintained with plenty of upside potential, as current rentalrates are below market value for the area. All units are located withinminutes of each other, including 3 Duplexes on the same street, makingthese properties easy to self-manage and maintain. Close to areaamenities including shopping, restaurants, entertainment, professional &personal services and more. Short distance to popular area beaches makesthese very desirable locations to live. Owner financing available with theright terms! Please note that these units are being sold "as-is".

PROPERTY HIGHLIGHTS• Owner Financing Available!• Plenty of Upside Potential!• Leases in Place!

5 Duplex InvestmentMultiple Addresses

Englewood, FL 342245 Duplex Portfolio in Englewood, FL

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





A N I T A A V E N U E D U P L E X L O C A T I O N S





9 2 8 8 A N I T A A V E D U P L E X P H O T O S & B U I L D I N G S K E T C H





1 3 8 4 / 1 3 9 0 D R U R Y L A N E D U P L E X P H O T O S & B U I L D I N G S K E T C H





1 0 3 9 5 P E N D L E T O N A V E D U P L E X P H O T O S & B U I L D I N G S K E T C H



POPULATION 1 MILE 3 MILES 5 MILESTotal population 4,490 20,420 38,006Median age 48.8 55.3 58.0Median age (Male) 46.7 54.4 57.3Median age (Female) 53.2 57.5 59.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTotal households 1,857 9,131 17,749# of persons per HH 2.4 2.2 2.1Average HH income $54,574 $56,532 $56,521Average house value $238,227 $236,831

* Demographic data derived from 2010 US Census



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



Please note that some leases are due for renewal in the coming months and will include rental increases.

UNITNUMBER

CURRENTRENT

10395 Pendleton Ave, Unit A $850 /month

10395 Pendleton Ave., Unit B $1,000 /month

Drury Lane, Unit A $750 /month

Drury Lane, Unit B $750 /month

9288 Anita Ave., Unit A $700 /month

9288 Anita Ave., Unit B $750 /month





Totals/Averages $7,825 /Month



C U R R E N T R E N T A L R A T E S F O R 2 0 1 9



INCOME SUMMARY

Gross Income $94,500

EXPENSE SUMMARYReal Estate Taxes (2018) $12,859Insurance (2018) $4,666Gross Expenses $17,525

Net Operating Income $76,975



P R O J E C T E D R E N T A L I N C O M E & E X P E N S E S F O R 2 0 1 9



FL #SL3296950

ANDY METZRealtor | Commercial Specialist

[email protected]: 941.923.0535 x310 | Cell: 941.504.3513

PROFESSIONAL BACKGROUND"I understand that buying or selling Commercial Real Estate is a big decision and can often be an overwhelming and daunting task, especially for first-time Buyers or Sellers. Real Estateis the ultimate investment and I understand how such an investment can change a person's life. With the right tools and people in place, working WITH you and not FOR you, it can be avery pleasant experience. That's what I'm here to do. I have the knowledge, skills and ability to successfully help Buyers and Sellers navigate the in's and out's of Commercial Real Estatetransactions, making the process as easy and as simple as possible. My goal is simple: No Headaches. No Hassles. Just Results!"

AMERICAN PROPERTY GROUP7750 S Tamiami Trail

Sarasota, FL 34231941.923.0535



A N D Y M E T Z , R E A L T O R

5 Duplex Portfolio in Englewood, FL › d2 › iufgaIvhk6AK1k_Om27...ANDY METZ 941.923.0535 x310...

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