12703 N 15th St - Apartments FOR SALE


Tampa, FL 33612- University Square
$1,395,000 USD
631-356-5697
12703 N 15th St, Tampa, FL for Sale
$1,395,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

12703 N 15th St
Tampa, FL 33612
University Square


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

8

PRICE/UNIT

$174,375

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

RMC-20

APN/PARCEL ID

U-07-28-19-ZZZ-000001-28780.0

ASK ABOUT THIS PROPERTY

Frank BritoAstra Property GroupMore Info
631-356-5697

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Frank BritoAstra Property GroupMore Info
631-356-5697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.