3418 W North A St - Apartments FOR SALE


Tampa, FL 33609- Oakford Park
$5,390,000 USD
813-865-3091
3418 W North A St, Tampa, FL for Sale
$5,390,000 USD
Apartments - FOR SALE
1/8
null | 6.1% Cap Rate

3418 W North A St
Tampa, FL 33609
Oakford Park


HIGHLIGHTS

  • Class-B | Strong Location | Clear Title
  • Same Owner/Operator Past Decade
  • Concrete Construction | Professional Management Available

OVERVIEW

22-Unit premier South Tampa Class B apartment building. Currently 100% leased. Strong A-Rated location. Features (22) electric meters, concrete construction, and strong rent roll (attached). Property is minutes from downtown Tampa, Tampa General Hospital, Tampa International airport, I-275, MacDill AFB, Raymond James Stadium and the Yankees Stadium and within minutes from prime locations like, SOHO, malls, Ybor City, Channelside, and the beautiful Bayshore Blvd. Cost Analysis Performed as Rental Property In: Rent - $540,960.00 Out: (Annual) Property Taxes - $90,604.00 (Annual) Estimated Insurance - $27,500.00 "(Annual) Property Management (Optional) - $27,048.00 (Annual) Estimated Utilities/Lawn/Repair/Misc. - $67,200.00 Total Costs - $212,352.00 Net: $328,608.00 Earn: Total yearly net equates to - $328,608.00 Total monthly gross equates to - $45,080.00 TOTAL MONTHLY NET EQUATES TO - $27,384.00 Price - $5,390,000.00

FOR SALE DETAILS

PRICE

$5,390,000 USD

PRICE/SF

$413 USD /SF

# OF UNITS

22

PRICE/UNIT

$245,000

CAP RATE

6.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22-Units | Tampa, FL

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,399 SF

ZONING

RS-50

APN/PARCEL ID

A-22-29-18-3OA-000031-00007.0

ASK ABOUT THIS PROPERTY

Kurt WestfieldBlue Peak RealtyMore Info
813-865-3091

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Kurt WestfieldBlue Peak RealtyMore Info
813-865-3091

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