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Multifamily

The North Tampa Portfolio

1407 College Park Ct, Tampa, FL 33612

Listing Price: $9,250,000

Cap Rate
5.97%
GRM
8.81

Investment Overview

A 73-unit multifamily portfolio in Tampa, FL with an attractive unit mix of majority two-bedroom units

Investment Highlights

  • 73-unit multifamily portfolio in Tampa, FL
  • Attractive unit mix of majority two-bedroom units
  • Significant proven upside potential with a 47.5% increase in Net Operating Income possible by end of Year Two through continued unit interior and common area improvements
  • Assumable mortgage with 4.75% interest rate
  • Opportunity to purchase additional units. Please contact Lead Agent
  • 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
  • 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

Exclusively Listed By

Financing By

Multifamily

The North Tampa Portfolio

Investment Highlights

  • 73-unit multifamily portfolio in Tampa, FL
  • Attractive unit mix of majority two-bedroom units
  • Significant proven upside potential with a 47.5% increase in Net Operating Income possible by end of Year Two through continued unit interior and common area improvements
  • Assumable mortgage with 4.75% interest rate
  • Opportunity to purchase additional units. Please contact Lead Agent
  • 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
  • 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

Investment Overview

A 73-unit multifamily portfolio in Tampa, FL with an attractive unit mix of majority two-bedroom units

Exclusively Listed By

Financing By

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