The North Tampa Portfolio Multi-Family FOR SALE


Tampa, FL - University Square
$9,250,000 USD
813-387-4718
, Tampa, FL for Sale
$9,250,000 USD
Multi-Family - FOR SALE
1/14
null | 6.51% Cap Rate

The North Tampa Portfolio
Tampa, FL
University Square


HIGHLIGHTS

  • Attractive unit mix of majority two-bedroom units
  • Assumable mortgage with 4.75% interest rate
  • Opportunity to purchase additional units. Please contact Lead Agent
  • Approximately two miles to University of South Florida, AdventHealth Hospital Tampa, Haley VA Medical Center, and Moffitt Cancer Center
  • 1.3 miles to I-275, offering convenient access to Downtown Tampa, Westshore Business District, St. Petersburg and Clearwater

OVERVIEW

73-unit multifamily portfolio in Tampa, FL. Significant proven upside potential with a 37% increase in Net Operating Income possible by end of Year Two through continued unit interior and common area improvements. 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

ASK ABOUT THIS PROPERTY

Donald TurnerMarcus & MillichapMore Info
813-387-4718

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Donald TurnerMarcus & MillichapMore Info
813-387-4718

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