Multifamily
TampaTown Apartments
3111 W Horatio St, Tampa, FL 33609
Listing Price: $3,975,000
Cap Rate
6.11%
GRM
10.51
Investment Overview
16-unit multifamily community located in affluent South Tampa, Florida
TampaTown Apartments
Investment Highlights
- 16-unit multifamily community located in affluent South Tampa, Florida
- All units recently upgraded to Class 'A' standard, with new quartz countertops and undermount sinks, new white shaker cabinetry, stainless steel appliances with built-in microwave and dishwasher, brus
- Asset is 100% occupied in highly constrained submarket
- Concrete block construction, with freshly painted exterior
- New dimensional shingle roof in 2019
- BBQ/picnic area and on-site laundry facility (on a cancelable profit share)
- $120,078 two-mile average household income is 17.57% higher than Florida average
- Situated in the heart of South Tampa, the asset affords ease of access to Downtown Tampa, Westshore Business District, Hyde Park Village, Midtown, Water Street Tampa, Interstate 275, and numerous nearby employers, restaurants and retail options
Exclusively Listed By
Financing By
Investment Highlights
- 16-unit multifamily community located in affluent South Tampa, Florida
- All units recently upgraded to Class 'A' standard, with new quartz countertops and undermount sinks, new white shaker cabinetry, stainless steel appliances with built-in microwave and dishwasher, brus
- Asset is 100% occupied in highly constrained submarket
- Concrete block construction, with freshly painted exterior
- New dimensional shingle roof in 2019
- BBQ/picnic area and on-site laundry facility (on a cancelable profit share)
- $120,078 two-mile average household income is 17.57% higher than Florida average
- Situated in the heart of South Tampa, the asset affords ease of access to Downtown Tampa, Westshore Business District, Hyde Park Village, Midtown, Water Street Tampa, Interstate 275, and numerous nearby employers, restaurants and retail options
Investment Overview
16-unit multifamily community located in affluent South Tampa, Florida
Exclusively Listed By
Financing By
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