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12703 N 15th St 8 Unit Apartment Building $1,907,704 CAD ($238,463 CAD/Unit) Tampa, FL 33612
Executive Summary
12703 N 15th St is a unique opportunity to own a stabilized 8 unit multi-family apartment complex in the rapidly growing university area of Tampa with substantial room for growth. With great proximity to USF, 12703 N 15th St is less than 1 miles from Universities Urban Core. Ownership spent over 200k in CapEx including new roofs, exterior paint, landscaping, paved parking lot, separate water meters shared grass area. Interior renovations include new luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances and in-unit laundry. Current Rent Roll: $13,369.27 Unit Mix: 1/1 - 2 2/1 - 4 3/1 - 1 3/2 - 1 New owner has the ability to recapture an average of $263/month unit - increasing the the total rent roll by $25,248 Enjoy a strong cashflow right from the start and let the property appreciate.
Property Facts
| Price | $1,907,704 CAD | Lot Size | 0.44 AC |
| Price Per Unit | $238,463 CAD | Building Size | 6,152 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.95/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | RMC-20 - Residential Multifamily District | ||
| Price | $1,907,704 CAD |
| Price Per Unit | $238,463 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 6,152 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.95/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RMC-20 - Residential Multifamily District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,778 CAD | 500 |
| 2+1 | 4 | $2,188 CAD | 700 - 750 |
| 3+1 | 1 | $2,325 CAD | 900 |
| 3+2 | 1 | $2,598 CAD | 1,100 |
1 1
Property Taxes
| Parcel Number | U-07-28-19-ZZZ-000001-28780.0 | Improvements Assessment | $624,564 CAD |
| Land Assessment | $228,619 CAD | Total Assessment | $853,183 CAD |
Property Taxes
Parcel Number
U-07-28-19-ZZZ-000001-28780.0
Land Assessment
$228,619 CAD
Improvements Assessment
$624,564 CAD
Total Assessment
$853,183 CAD
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12703 N 15th St
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