28-unit Apartment Building For Sale close to University of South Florida in Tampa

28-unit Apartment Building For Sale close to University of South Florida in Tampa

Tampa  apartments for sale - Call Sean Dreznin at NAI Tampa Bay
Tampa apartments for sale – Call Sean Dreznin at NAI Tampa Bay

All units are 2 bedroom & 1.5 bathrooms

Property is turn key with fantastic management in place

100% occupied as of April 15th, 2014

Newer Roofs

Majority of units are Government Subsidized – Guaranteed Rent!

Tampa Apartments for Sale -- Call Sean Dreznin at NAI Tampa Bay
Tampa Apartments for Sale — Call Sean Dreznin at NAI Tampa Bay

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.

sdr@naitampabay.com

(941)-961-8199

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