10775 VILLAGE CLUB N CIRCLE 101, ST PETERSBURG, FL 33716
Share Listing
Listing Type
Condo/Townhome
Listing Status
Active
14
$200,000
Home Details for 10775 VILLAGE CLUB N CIRCLE 101
Price
$200,000
Type
Residential
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Square feet
1180
Year built
1974
County
Pinellas
Total rooms
3
MLS Listing#
TB8547224
Hoa
641
Property Description
Tenant-occupied condominium investment opportunity in St. Petersburg generating $2,150 per month in current rental income. With an established tenant already in place, the property offers immediate income while also providing the flexibility of an individual resale. The property is being marketed individually at $200,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.