12703 N 15th St is a unique opportunity to own a stabilized 8 unit multi family apartment complex in the rapidly growing university area of Tampa with substantial room for ...
TAMPA, FL 33612
Listing
| Web ID: | 5750484 |
|---|---|
| Website: | https://www.nestseekers.com/5750484 |
Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Bedrooms: | 16 BR |
| Bathrooms: | 9 |
| Lot Size: | 0.4 Acres |
Financials
Price:$1,350,000
Annual Taxes:$11,745.92
Description
12703 N 15th St is a unique opportunity to own a stabilized 8 unit multi-family apartment complex in the rapidly growing university area of Tampa with substantial room for growth. With great proximity to USF, 12703 N 15th St is less than 1 miles from Universities Urban Core. Ownership spent over 200k in CapEx including new roofs, exterior paint, landscaping, paved parking lot, separate water meters shared grass area. Interior renovations include new luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances and in-unit laundry. Current Rent Roll: $13,369.27 Unit Mix: 1/1 - 2 2/1 - 4 3/1 - 1 3/2 - 1 New owner has the ability to recapture an average of $263/month unit - increasing the the total rent roll by $25,248. Enjoy a strong cashflow right from the start and let the property appreciate.
Amenities
- Courtyard
- Electricity Available
- Electricity Connected
- Living Room/Dining Room Combo
- Open Floorplan
- Public
- Sewer Available
- Sewer Connected
- Sidewalk
- Water Available
- Water Connected
- Water Multiple Meters
Location
Contact
Listing Courtesy of MPGFL TAMPA LLC