11713 N 15TH STREET TAMPA FL 33612 MLS #T3520848

11713 N 15TH STREET
TAMPA, FL, 33612
$2,500,000
Beds
0 Baths
9,222 SqFt
0.65 Acres
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Nestled within a secure gated subdivision, this offering comprises 12 well maintained mix of 2 and 3 bedrooms apartments, enveloped by a fully fenced perimeter. Strategically situated in very close proximity to both a bus stop and prime locations in Tampa with lifestyle in this vibrant locale. Seller spent $300K+ in the recent renovations:

1. Brand new roof installed in 2024.
2. Two designated parking spaces allocated for every tenant.
3. Visitor parking amenities have been added.
4. The majority of air conditioning units have been recently upgraded, with a significant portion just replaced.
5. Majority of water heaters have been recently installed or replaced.
6. Entire property has been refreshed with a new coat of paint.
7. Security cameras installed.

Seller has individual water meters installed on each apartment, and bills to tenants. All utility expenses are borne by tenants. Please refer to the attached document for Profit and Loss statements, pro forma, and capitalization rates.


Current Cap Rate 7.4%
Pro forma Cap Rate 9.3%

*The property can be managed by the same management team for a 5% fee, should any buyer require management services.
*Hard money lending and seller financing options are available with a 40% down payment.

Property Details

Price:
$2,500,000
MLS #:
T3520848
Status:
Active
Beds:
0
Baths:
0
Address:
11713 N 15TH STREET
Type:
Multi Family
Subdivision:
HAMNERS W E HOMESTEAD ACRES
City:
TAMPA
Listed Date:
Apr 23, 2024
State:
FL
Finished Sq Ft:
9,222
ZIP:
33612
Lot Size:
28,184 sqft / 0.65 acres (approx)
Year Built:
1986
Units:
12
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Schools

Interior

Cooling
Central Air
Heating
Central
Laundry Features
Laundry Room, Washer Hookup

Exterior

Construction Materials
Stucco
Exterior Features
Balcony
Roof
Shingle

Financial

Buyer Agent Compensation
1.5%%
Tax Year
2023
Taxes
$14,101

Map

Community

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11713 N 15TH STREET
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