Property Listing No Longer Available for Sale

8731 N 30th St, Tampa, FL

Multi-family for Sale - $2,500,000 - 35,960 Sq. Ft. on 2.1 acres


Property Info

CIMLS#117443
Location
  8731 N 30th St
  Tampa FL 33604
UpdatedJanuary 14th, 2013
TypeMulti-family
Price$2,500,000
Building35,960 Sq. Ft.
Land2.1 acres

Property Description

Property is a 40-unit, 10 building complex with 100% occupancy according to the owner. Each unit is a 2 bedroom/1.5 bath townhouse of 900 sq ft MOL. The average unit gross rent is $730/month. Initial CAP is 8.33%. The property is approximately 2 acres. Total square footage of property is 37,560 sq ft. The rentable area is 35,960. The owner is not claiming a management fee or any vacancy. Complex has a nice community pool and is located close to everything in North Tampa, USF, Busch Gardens, Florida Hospital Tampa Bay Division, Temple Terrace, etc. Owner has just done the roofs and has the paperwork.


Financials