The North Tampa Portfolio Multi-Family FOR SALE


Tampa, FL - University Square
$9,250,000 USD
, Tampa, FL for Sale
$9,250,000 USD
Multi-Family - FOR SALE
1/14
null | 6.32% Cap Rate

The North Tampa Portfolio
Tampa, FL
University Square


HIGHLIGHTS

  • Attractive unit mix of majority two-bedroom units
  • Assumable mortgage with 4.75% interest rate
  • Opportunity to purchase additional units. Please contact Lead Agent
  • Approximately two miles to University of South Florida, AdventHealth Hospital Tampa, Haley VA Medical Center, and Moffitt Cancer Center
  • 1.3 miles to I-275, offering convenient access to Downtown Tampa, Westshore Business District, St. Petersburg and Clearwater

OVERVIEW

73-unit multifamily portfolio in Tampa, FL. Significant proven upside potential with a 41% increase in Net Operating Income possible by end of Year Two through continued unit interior and common area improvements. Two miles to RITHM @ Uptown – This groundbreaking $1 billion project will be one of the largest innovation communities in the state, boasting 7-million square feet of development and will include residential, retail, entertainment, corporate offices, hospitality and more, including recently opened Sprouts Farmers Market

ASK ABOUT THIS PROPERTY

Research In ProgressResearch In ProgressMore Info

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

Research In ProgressResearch In ProgressMore Info

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