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Multifamily

11720 North 15th Street

11720 N 15th St, Tampa, FL 33612

Listing Price: $1,800,000

Cap Rate
5.20%
GRM
12.35

Investment Overview

10-unit multifamily community in Tampa, FL. with an attractive unit mix of majority two-bedroom units and a three-bedroom unit

Investment Highlights

  • 10-unit multifamily community in Tampa, FL
  • Attractive unit mix of majority two-bedroom units and a three-bedroom unit
  • Seller-Financing Available
  • Significant proven upside potential with a 25% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements
  • Concrete block construction
  • Potential to develop an additional 4-units
  • 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

Exclusively Listed By

Financing By

Multifamily

11720 North 15th Street

Investment Highlights

  • 10-unit multifamily community in Tampa, FL
  • Attractive unit mix of majority two-bedroom units and a three-bedroom unit
  • Seller-Financing Available
  • Significant proven upside potential with a 25% increase in Effective Gross Income possible by end of Year Two through continued unit interior and common area improvements
  • Concrete block construction
  • Potential to develop an additional 4-units
  • 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

Investment Overview

10-unit multifamily community in Tampa, FL. with an attractive unit mix of majority two-bedroom units and a three-bedroom unit

Exclusively Listed By

Financing By

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