Riverview Residences of Sarasota

4704 Swift Rd,
Sarasota, FL 34231

Dreznin Pappas Commercial Real Estate, LLC

$1,575,000
Price
6
Number of Units
$262,500
Price Per Unit
5,608
Building SF
4.54%
Cap Rate
34,240
Land SF
$1,575,000
Price
6
Number of Units
$262,500
Price Per Unit
5,608
Building SF
4.54%
Cap Rate
34,240
Land SF

Investment Highlights

  • Riverview Residences offers 5 total units on 1 parcel The properties also have flooring upgrades in the kitchen, bathrooms, and throughout the units.
  • Strong unit mix in place (1) 4/2 SFH (4) 2/1 units
  • Dates of construction include 4-units - 1983 SFH - 1971
  • All structures are masonry or block construction. All buildings are well maintained and ownership stays ahead of issues by being proactive.
  • The properties include various washer/dryer hook-ups, parking spaces, and other impactful improvements.

Location Summary

  • Sarasota enjoys a reputation as one of Florida’s premier communities, and it’s easy to see why: not content to be just another beach town on the sugar-white sands of the Gulf Coast, Sarasota boasts gorgeous architecture, cosmopolitan dining and nightlife, and one of the most vibrant art scenes in the Southeast. Galleries and stages are everywhere, giving residents direct access to a stunning variety of visual art, music, theater, and much more.
  • The downtown district also features exotic cafes and attractive storefronts along its tree-lined streets, making it easy to grab a bite to eat and walk to the nearest venue for the evening’s entertainment. The nightlife offers innumerable options as well, running the gamut from ultra-casual to ultra-classy.
  • Riverview residences are close to Phillippi Shores elementary school, Riverview High School, Sarasota Technical Institute among other highly rated education centers.
FOR MORE DETAILS CONTACT
Sean Dreznin
DREZNIN PAPPAS CRE, LLC
(941) 961-8199
tritoncre@gmail.com
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