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806 66th Ave W
Bradenton, FL 34207

$750,000 heart
5 Bed
6.0 Bath
3276 ft2
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High-Yield Multifamily Investment – Turnkey Asset with Double-Digit Returns + Major Upside Exceptional opportunity to acquire a fully renovated multifamily property in Bradenton, FL, delivering strong in-place income at an estimated ~10% cap rate based on current performance. This is a rare chance to secure a stabilized, cash-flowing asset that significantly outperforms typical market returns. The property has been professionally updated, minimizing immediate capital expenditures and providing a true turnkey investment. In addition to its solid day-one yield, the asset includes multiple income streams and a unique configuration that enhances overall returns. What truly sets this opportunity apart is the clear value-add potential. With the ability to expand and increase density, investors can unlock substantial additional income, pushing projected returns into the 15%+ cap range upon stabilization. Located in a high-demand rental market, this property combines strong current cash flow, low operational risk, and significant upside, making it ideal for both seasoned investors and those looking to secure a high-performing asset in a growing area. Opportunities like this—offering both immediate yield and scalable income growth—are increasingly difficult to find.
High-Yield Multifamily Investment – Turnkey Asset with Double-Digit Returns + Major Upside Exceptional opportunity to acquire a fully renovated multifamily property in Bradenton, FL, delivering strong in-place income at an estimated ~10% cap rate based on current performance. This is a rare chance to secure a stabilized, cash-flowing asset that significantly outperforms typical market returns. The property has been professionally updated, minimizing immediate capital expenditures and providing a true turnkey investment. In addition to its solid day-one yield, the asset includes multiple income streams and a unique configuration that enhances overall returns. What truly sets this opportunity apart is the clear value-add potential. With the ability to expand and increase density, investors can unlock substantial additional income, pushing projected returns into the 15%+ cap range upon stabilization. Located in a high-demand rental market, this property combines strong current cash flow, low operational risk, and significant upside, making it ideal for both seasoned investors and those looking to secure a high-performing asset in a growing area. Opportunities like this—offering both immediate yield and scalable income growth—are increasingly difficult to find.
Basic Details
Bedrooms
5
Bathrooms
6.0
Square Feet
3,276 ft2
Year Built
1954
Property Type
House (Single Family Residence)
Has HOA
No
Interior Details
Exterior Details