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.
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
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
- Address11713 N 15TH STREET TAMPA FL
- CityTAMPA
- CountyHillsborough
- Zip Code33612
Similar Listings Nearby
- 8720 N 48TH STREET
TAMPA, FL$2,760,000
2.71 miles away
- 919 E 122ND AVENUE
TAMPA, FL$1,999,999
0.48 miles away
Courtesy of STAR BAY REALTY CORP.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 11713 N 15TH STREET
TAMPA, FL
LIGHTBOX-IMAGES