Sarasota Manatee 56 Unit Portfolio 10 Cap Value Add Opportunity! Seller Finance Available

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Sarasota Manatee 56 Unit Portfolio 10 Cap Value Add Opportunity! Deal Specs: 56 Units - SFH x24, Quadplex x2, Duplex x8, Manufactured x7, Condo x1 Condos + Manafactured can be sold separately Location: Sarasota + Bradenton Financials: Purchase Price: $6,175,000 Unit Count: 56 Price / Unit: $110,714 Current Gross Rent: $838,800 GRM (Gross Rent Multiplier): 7.73 Current NOI: $727,624 Normalized NOI: $593,416 Cap Rate (Seller financials): 11.21% Current Cap (normalized): 9.14% Proforma Cap: 10-12% Investment Highlights: 56-unit Sarasota & Manatee portfolio, strong value add potential Strong in-place income with 9.14% normalized cap Proforma 10-12% cap potential Average rents below market with 10-20% upside ~$110k per unit (below replacement cost) Financing: Cash/Hard money preferred. Lender available has already reviewed deal and approved financing terms Seller financing available to credible buyer (20-25% down, 3-5 year term) POF/NDA required for full information/access to properties

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