38112 Townview Ave - Apartments FOR SALE


Zephyrhills, FL 33540- Zephyrhills Area
$4,100,000 USD
866-468-6487
38112 Townview Ave, Zephyrhills, FL for Sale
$4,100,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

38112 Townview Ave
Zephyrhills, FL 33540
Zephyrhills Area


HIGHLIGHTS

  • Desirable Unit Mix: 46 units across four concrete block buildings with strong one- and two-bedroom layouts.
  • Individually Metered Utilities: Tenants pay their own electric—reducing ownership expenses and increasing NOI stability
  • Solid Construction: Durable concrete block buildings with recently installed (2020) shingle roofs.

OVERVIEW

100Units.com presents Townview Apartments which is a 46 unit multifamily community. The property is constructed of concrete block construction with shingle roofing (installed 2020), consisting of 4 two-story apartment buildings with a total of approximately 123,275 gross square feet and is situated on 2.83 acres. The unit mix is 18 one bedroom one bath units and 28 two bedroom one baths units. Utilities are separately metered and paid for the tenants. The units feature central air conditioning and a laundry facility onsite. The flooring LVP throughout with carpet in the bedrooms.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

46

PRICE/UNIT

$89,130

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Townview Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

68

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

121,968 SF

ZONING

R4

APN/PARCEL ID

35-25-21-0010-08900-0010

ASK ABOUT THIS PROPERTY

Joe LaFleur100Units.comMore Info
866-468-6487

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Joe LaFleur100Units.comMore Info
866-468-6487

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