A 2008 vintage, 20-unit multifamily asset offering stable in-place income with defendable rental upside. Each unit features a spacious two-bedroom, two-bathroom floor plan with 880 rentable square feet. Concrete block construction with washer/dryer connections in each unit. Situated just 2.4 miles from the $6.5 billion Historic Gas Plant District Development featuring the soon to be repaired Tampa Bay Rays ballpark; and less than two miles from Downtown St. Petersburg and Interstate 275, offering easy access to Tampa and Westshore Business District. St. Petersburg, located within Florida’s most densely populated county, is the fifth most populated city in Florida with approximately 258,200 residents, and is home to Fortune 500 companies like Raymond James, Footlocker and Jabil. The city has been recognized as one of the best cities for job seekers in 2024 (PODS, 2024)