115 S Lois Ave - Apartments FOR SALE


Tampa, FL 33609
$14,000,000 USD
562-436-8888
115 S Lois Ave, Tampa, FL for Sale
$14,000,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

115 S Lois Ave
Tampa, FL 33609


OVERVIEW

Current gross rent, full rented, before expenses is = $96,705.00. $225K cash down at the signing of the PSA. $25K non-refundable after 10 days of DD. $200K non-refundable after the total of 30 days DD. I will not consider any OWC or creative financing Buyer splits 50/50 closing fees. Close 30 days after DD. Or sooner. The tenants pay some of their own utilities. 56 units total. Mix: 32 one/one’s and 24 two/one’s. 90+ parking spaces. Heated swimming pool and spa. Fire pits, Amazon boxes, Fitness center. Dog park with dog bath. Automobile vacuum and compressed air station. This place is ideal for AirBnB rentals, corporate leasing, or modified for independent living. In the past the apartments were condominiums and converted. Certified lead paint and asbestos free.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$302 USD /SF

# OF UNITS

56

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lois Landing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

89

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

PD

APN/PARCEL ID

A-21-29-18-3M3-000000-00009.6

ASK ABOUT THIS PROPERTY

Roy MoyerRoy MoyerMore Info
562-436-8888

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Roy MoyerRoy MoyerMore Info
562-436-8888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.