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