28-unit Apartment Building For Sale close to University of South Florida in Tampa
All units are 2 bedroom & 1.5 bathrooms
Property is turn key with fantastic management in place
100% occupied as of April 15th, 2014
Majority of units are Government Subsidized – Guaranteed Rent!
Year 2014 Proforma
Scheduled Gross Income $260,000
Operating Expenses $75,000
Approx Net Operating Income $185,000
* Asking $1,600,000 * Cap Rate: 12.00% * Price/Unit: $57,143 *
Contact Sean Dreznin at NAI Tampa Bay to sign registration and non-disclosure.