Multifamily
Columbia Park Apartments
14309 N 18th St, Tampa, FL 33613
Listing Price: $4,500,000
Cap Rate
6.62%
GRM
9.36
Investment Overview
24-unit multifamily community in Tampa, FL. Highly sought-after unit mix of 100% three-bedroom, two-bathroom units.
Columbia Park Apartments
Investment Highlights
- 24-unit multifamily community in Tampa, FL
- Highly sought-after unit mix of 100% three-bedroom, two-bathroom units
- 2004 concrete block construction
- 8 units recently renovated with granite or quartz countertops, undermount sinks, and wood-look vinyl plank flooring; 12 units with recent moderate upgrades
- Significant proven upside potential with a 12.87% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements
- Available amenity space for pet park, playground, grilling area or other use
- 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 announced Sprouts Farmers Market
- Approximately two miles to University of South Florida, AdventHealth Hospital Tampa, Haley VA Medical Center, and Moffitt Cancer Center
Exclusively Listed By
Financing By
Investment Highlights
- 24-unit multifamily community in Tampa, FL
- Highly sought-after unit mix of 100% three-bedroom, two-bathroom units
- 2004 concrete block construction
- 8 units recently renovated with granite or quartz countertops, undermount sinks, and wood-look vinyl plank flooring; 12 units with recent moderate upgrades
- Significant proven upside potential with a 12.87% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements
- Available amenity space for pet park, playground, grilling area or other use
- 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 announced Sprouts Farmers Market
- Approximately two miles to University of South Florida, AdventHealth Hospital Tampa, Haley VA Medical Center, and Moffitt Cancer Center
Investment Overview
24-unit multifamily community in Tampa, FL. Highly sought-after unit mix of 100% three-bedroom, two-bathroom units.
Exclusively Listed By
Financing By
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