LOOKING FOR SERIOUS BUYERS ONLY!! 7917 and 7919 Lakeshore Dr, Tampa, FL 33604. 2 READY-NOW and UPDATED Quadplexes, sharing a parking lot. Income and Debts (seen below) calculate out to a 8.44% cap rate (taxes will likely go up $10k after selling and owner doesn't use property manager, if you need to add these to the debts). The value-add potential is if you fill the units with Section 8 tenants; the new approved Section 8 payment standard in this zip code is $1910/month, which would increase income to $15,280/month or $183,360/yr or 9.26% cap rate. Attached are the pictures of the exterior and interior for one unit. All units look like this, except for 1, because of elderly tenant that has been there since owner purchased the property. The properties have newer architectural-shingle roofs (2021), only 1 old HVAC, washer/dryer in all units, fully fenced, and the seller paved a large section of the lot to accommodate the 16 total parking spots and community trash. Location is 6 miles from downtown Tampa and the University of Tampa and 3 miles from the University of South Florida. SELLER IS ASKING FOR $1.62M , WHICH PUTS THIS AT A 8.44% CAP RATE, AFTER ALL CURRENT EXPENSES. Owner pays water and trash for the tenants, included in debts... Unit Rent Roll Section 8 Expiration 17A : $1725 No 03/31/26 (have leased 2 years, moving out) 17B : $1650 No 04/09/25 (have leased since before owner purchased property in March 2021) 17C : $1750 No 02/28/26 (new tenant just signed a lease, took 7 days to find a tenant) 17D : $1800 No 02/27/27 (been there 1 year and just renewed for another) 19A : $1850 Yes 08/31/26 (been there since owner purchased in March 2021) 19B : $1825 Yes 01/31/26 (been there since owner purchased in Match 2021) 19C : $1770 No 11/30/26 (been there 1 year and renewed) 19D : $1800 No 09/30/26 (HUD tenant who actually pays $1542/month, owner had tenant pay $3084 non-refundable deposit to account for lower rent payment for 2 years) TOTAL: $14,170/MONTH = $170,040/ANNUALLY Debts : Insurance : $8,000/yr (has a cheaper option but chose the better insurance) Taxes : $14,810 last year Landscaping : $600/yr (due to most the lot being concrete parking, there is minimal work) Pest : $1440/yr Water and Trash : $8400/yr (accurate average trash+water bill for all units combined) Doesn't pay property manager TOTAL: $2,770/MONTH = $33,250 ANNUALLY