$2,500,000
$2,850,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
35,580 SqFt
SOLD DATE : 02/12/2020
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 35,580 sqft
Price per Sqft $70
Subdivision Unplatted
MLS Listing ID T3176682
Sold Date 02/12/20
Construction Status No Contingency
HOA Y/N No
Year Built 1985
Annual Tax Amount $17,971
Lot Size 5.530 Acres
Acres 5.53
Lot Dimensions Tax
Property Description
First Time Offered For Sale 39-unit income producing property, all occupied with leases and positively cash-flowing and listed at over 12% CAP ROI! This sale includes all 39 units plus a pad/site to add one more mobile home, an onsite office and storage building. Situated on 2 adjoining parcels of land and approx. 5.6 acres mol on Hwy 579 just North of I-4 in the Northeast Tampa area. Several tenants have been there several years and the complex is very well kept, managed and maintained. Property features mature trees, high and dry land, beautiful semi-rural surroundings of north Seffner/Thonotosassa area and easy access to Tampa area shopping, dining, entertainment and more via I-4 and I-75. Actual income and expenses along with an estimate of increased market rent and expenses are available, call or email for more details. Please do not visit the property without an appointment or disturb the tenants.
Location
State FL
County Hillsborough
Community Unplatted
Zoning PD
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Other
Waterfront false
Garage false
Private Pool No
Building
Lot Size Range 5 to less than 10
Sewer Septic Tank
Water Well
Structure Type Other
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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