4114 W North B St - Apartments FOR SALE


Tampa, FL 33609- North Bon Air
$3,550,000 USD
941-685-1228
4114 W North B St, Tampa, FL for Sale
$3,550,000 USD
Apartments - FOR SALE
1/11
null | 5.68% Cap Rate

4114 W North B St
Tampa, FL 33609
North Bon Air


HIGHLIGHTS

  • Preferred Shore Commercial is pleased to present the 16-unit multifamily investment opportunity to acquire the West Haven Urban Residences.
  • Situated in the vibrant Westshore Business District with proximity to major employment centers, corporate headquarters, and transportation hubs.
  • This unique value-add opportunity presents at rare advantage with its 4% assumable loan, providing prospective buyers with attractive financing.
  • Buyers have the chance to purchase the asset, achieve market rate rents, and enjoy a well below market interest rate.

OVERVIEW

West Haven Urban Residences is located at 4144 W North B Street in the heart of Tampa, FL. Situated in the vibrant Westshore Business District, this property benefits from its proximity to major employment centers, corporate headquarters, and transportation hubs, making it a highly sought-after location for renters. The area's strong economic fundamentals and high demand for commercial space make it an ideal investment opportunity. It has easy access to major transportation arteries. Just a short distance north is Interstate 275 via Lois Avenue. Additionally, Kennedy Boulevard (SR 60), a key east-west corridor, lies a mere 1/8 mile to the south. It links Downtown Tampa with the bustling Westshore Business District and provides access to the Veteran's Expressway (SR 589) and Clearwater via the Courtney Campbell Causeway. Furthermore, Dale Mabry Highway, Tampa’s primary north-south thoroughfare, is located just half a mile to the east, offering seamless connectivity for commuters and travelers alike. Tampa's commercial real estate market is experiencing robust growth driven by population expansion, business-friendly policies, and a thriving economy. With low vacancy rates and rising rental prices, investors can capitalize on the city's upward trajectory and secure stable long-term returns on investment. As Tampa continues to undergo urban revitalization and infrastructure improvements, properties like West Haven Urban Residences are poised for value appreciation. Investors can capitalize on this trend by acquiring prime assets in high-growth areas and leveraging the city's ongoing development to maximize returns on investment over time.

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

16

PRICE/UNIT

$221,875

CAP RATE

5.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Haven Urban Residences

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

RM-16

APN/PARCEL ID

A-21-29-18-3LI-000002-00007.0

ASK ABOUT THIS PROPERTY

Jason D'AgostinoPreferred Shore CommercialMore Info
941-685-1228

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Jason D'AgostinoPreferred Shore CommercialMore Info
941-685-1228

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