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Multifamily

Holly Court

2008 Holly Ct, Tampa, FL 33613

Listing Price: $3,900,000

Cap Rate
5.17%
Number of Units
33
Price/Unit
$118,182
Price/Gross SF
$203.12
Gross SF
19,200

Investment Overview

33-unit multifamily community in Tampa, FL Walking distance to University Mall, currently undergoing a $1 billion renovation One mile to University of South Florida, the #3 public university in Florida, with over 40,000 students 1.5 miles to I-275 with easy access to Downtown Tampa, Westshore and Tampa International Airport

Investment Highlights

  • Remote accessible camera system covering the common areas
  • Newer central HVAC systems throughout property
  • Across street from new city park with playground, multi-purpose sports field, walking trails and pond with fishing dock
  • Ability to increase average in-place rents by $211 through continued renovations
  • Favorable unit mix with 42% two-bedroom floor plans
  • New roofs in Q4 of 2017
  • Duplex community with newer paver walkways and neighborhood-like setting
  • Concrete block construction throughout

Exclusively Listed By

Listing Price: $3,900,000

Cap Rate
5.17%
Number of Units
33
Price/Unit
$118,182
Price/Gross SF
$203.12
Gross SF
19,200

Investment Highlights

  • Remote accessible camera system covering the common areas
  • Newer central HVAC systems throughout property
  • Across street from new city park with playground, multi-purpose sports field, walking trails and pond with fishing dock
  • Ability to increase average in-place rents by $211 through continued renovations
  • Favorable unit mix with 42% two-bedroom floor plans
  • New roofs in Q4 of 2017
  • Duplex community with newer paver walkways and neighborhood-like setting
  • Concrete block construction throughout

Investment Overview

33-unit multifamily community in Tampa, FL Walking distance to University Mall, currently undergoing a $1 billion renovation One mile to University of South Florida, the #3 public university in Florida, with over 40,000 students 1.5 miles to I-275 with easy access to Downtown Tampa, Westshore and Tampa International Airport

Exclusively Listed By

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