1920 E Osborne Ave - Assisted Livings FOR SALE


Tampa, FL 33610- East Tampa
$1,800,000 USD
813-785-7398
1920 E Osborne Ave, Tampa, FL for Sale
$1,800,000 USD
Assisted Livings - FOR SALE
1/31
null | 7.36% Cap Rate

1920 E Osborne Ave
Tampa, FL 33610
East Tampa


HIGHLIGHTS

  • Outstanding condition
  • 100% occupied
  • Room to extend

OVERVIEW

Explore a remarkable investment opportunity at the property on E Osborne Ave in Tampa, FL. This special purpose property offers a well-maintained, 4,733 SF of buildings across 2 units, zoned RS-50, and has undergone recent renovations in 2024. Boasting full occupancy, this investment promises steady returns. The property's prime location in the vibrant Tampa area presents an attractive proposition for prospective investors. With its solid rental history and desirable features, this property represents a compelling opportunity for those looking to expand their investment portfolio in an established and thriving market. Consisting of two buildings and sitting between E Osborne Ave and E Louisiana Ave the property also has excellent expansion opportunities. The two units are separate but share adjacent lots with the rear building have 5 bedroom and 5 bathrooms, while the front building has 4 bedrooms and 2 bathrooms. The existing lease has a 3% per year escalator.Discover the vibrant neighborhood surrounding the property at 1920 E Osborne Ave, Tampa, FL, 33610. Located in the heart of Tampa, this area offers a blend of business and leisure opportunities. Nearby points of interest include the historic Ybor City, the Amalie Arena, and the Tampa Convention Center, providing ample entertainment options for potential tenants or employees. The location also boasts a diverse selection of dining options and convenient access to major highways, making it an ideal spot for an office building investment. With its central location and abundant amenities, this property presents an exciting opportunity for prospective investors.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

7.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1944

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,113 SF

ZONING

RS-50

APN/PARCEL ID

A-06-29-19-ZZZ-000005-77090.0

ASK ABOUT THIS PROPERTY

Paul CrosseXp CommercialMore Info
813-785-7398

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Paul CrosseXp CommercialMore Info
813-785-7398

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