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Multifamily

14207 North 12th Street

14207 N 12th St, Tampa, FL 33613

Listing Price: $1,080,000

Cap Rate
6.00%
GRM
9.69

Investment Overview

An 8-unit multifamily community in Tampa, FL with an attractive unit mix of six two-bedroom units, and two three-bedroom units.

Investment Highlights

  • 8-unit multifamily community in Tampa, FL
  • Attractive unit mix of six two-bedroom units and two three-bedroom units
  • Massive upside potential with a 33.58% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements
  • All eight unit interiors completely remodeled
  • Concrete block construction
  • 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

14207 North 12th Street

Investment Highlights

  • 8-unit multifamily community in Tampa, FL
  • Attractive unit mix of six two-bedroom units and two three-bedroom units
  • Massive upside potential with a 33.58% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements
  • All eight unit interiors completely remodeled
  • Concrete block construction
  • 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

An 8-unit multifamily community in Tampa, FL with an attractive unit mix of six two-bedroom units, and two three-bedroom units.

Exclusively Listed By

Financing By

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