12,602 Sf Multifamily portfolio for Sale in Tampa

Multi-Family for Sale
Catylist Listing ID: 30844424
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Mixed Use
Number of Units: 8 Units
Building Size (RSF): 12,602 SF
Gross Building Area: See Agent
Sale Price: $1,950,000
Unit Price: $243,750 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/26/2023

Overview / Comments

Florida Commercial Group is pleased to offer this 8 property portfolio, a Phenomenal Investment for sale. This Portfolio features 8 properties; 12,602 SF Building, 1.21 Acres land and was designed to create Community- type Housing for its residents. The sale consists of the following: (4) 1- Story Duplexes, (2) 1- Story Dormitory Bldgs., (2) Small Single-Family Homes and (1) Vacant Land Parcel. The facilities are located in North Tampa- 33612, in the area of town that is experiencing tremendous Commercial and Residential revitalization, growth and new development.
Located approximately ½ miles Southeast of the Interstate System. Subject features easy connections to Major thoroughfares offering endless commerce of all types to include: dining, retail, banking, education, lodging, medical, shopping and more. These sites are also a Short Commute to and from the Downtown Area, The Port Authority and Port District, the University Area, Northern and Southern Regions of the City as well as Access the Surrounding Counties by way of the Interstate system. This is an Outstanding Opportunity to Own a PRICED RIGHT Mixed- Use Portfolio. The Site Areas are Growing steadily and have become Enterprise Zones that Offer Tax Incentives for New Business Owners/Land Owners. Call Today to Setup a Time to View

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 19281945M000007000010A
Site Description: Florida Commercial Group is pleased to offer this 8 property portfolio, a Phenomenal Investment for sale. This Portfolio features 8 properties; 12,602 SF Building, 1.21 Acres land and was designed to create Community- type Housing for its residents. The sale consists of the following: (4) 1- Story Duplexes, (2) 1- Story Dormitory Bldgs., (2) Small Single-Family Homes and (1) Vacant Land Parcel. The facilities are located in North Tampa- 33612, in the area of town that is experiencing tremendous Commercial and Residential revitalization, growth and new development. Subject is appraised March 2019 and this listing is priced accordingly.
Area Description: Located approximately ½ miles Southeast of the Northbound/ Southbound Busch Blvd ramps of Interstate 275, Subject 1 features ease of access to Nebraska Avenue, Busch Blvd, Florida Avenue and Waters Avenue. These Major thoroughfares offer ease of access to shopping, dining, commerce and travel. Subject 2 also offers ease of access to N. Nebraska Avenue, Busch Blvd, Fowler Avenue and Florida Avenue. Interstate 275 in only 1.1 miles Northwest of this site. Each of these thoroughfares presents endless commerce of all types to include: dining, retail, banking, education, lodging, medical and more. These sites are also a Short Commute to and from Downtown Tampa, Channel District, East Tampa, Temple Terrace, University of South Florida Area, Lutz and Pasco County or Just about Anywhere else in the Tampa Bay Area. See our Brochure with Aerial Maps and Investment Highlights. This is a Outstanding Opportunity to Own a PRICED RIGHT Mixed- Use Portfolio. The Areas are Growing steadily and have become Enterprise Zones that Offer Tax Incentives for New Business Owners/Land Owners. Call Today to Setup a Time to View!
Total Number of Buildings: 8
Property Condition: Good
Exterior Description: Properties included in this sale: 1402 Chilkoot Avenue (Duplex) 1,940± square feet 1404/06 Chilkoot Avenue (Duplex) 1,632± square feet 1410A Chilkoot Avenue (Duplex/Kitchen) 1,860± square feet 1410B Chilkoot Avenue (Duplex) 1,195± square feet 1409A Seneca Avenue (Dorm) 3,698± square feet 1409B Seneca Avenue (Admin. Bldg.) 869± square feet 1413 Seneca Avenue (Duplex) 1,408± square feet 1405 Seneca Avenue (Vacant Lot) 7,950+ square feet TOTAL 12,602± heated square feet
Parking Description: On Site
Interior Description: Total of 8 Properties
Land Ownership: Multiple Properties

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,578 160,876 346,298
Median Age: 33.36 34.27 35.26
Households: 6,929 64,317 138,330

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