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1920 E Osborne Ave 4,593 SF Health Care Building Offered at $2,512,656 CAD at a 7.36% Cap Rate in Tampa, FL 33610



INVESTMENT HIGHLIGHTS
- Outstanding condition
- Room to extend
- 100% occupied
EXECUTIVE SUMMARY
Explore a remarkable investment opportunity at the property on E Osborne Ave in Tampa, FL. This special purpose property offers a well-maintained, 4,733 SF of buildings across 2 units, zoned RS-50, and has undergone recent renovations in 2024. Boasting full occupancy, this investment promises steady returns. The property's prime location in the vibrant Tampa area presents an attractive proposition for prospective investors. With its solid rental history and desirable features, this property represents a compelling opportunity for those looking to expand their investment portfolio in an established and thriving market. Consisting of two buildings and sitting between E Osborne Ave and E Louisiana Ave the property also has excellent expansion opportunities. The two units are separate but share adjacent lots with the rear building have 5 bedroom and 5 bathrooms, while the front building has 4 bedrooms and 2 bathrooms. The existing lease has a 3% per year escalator.Discover the vibrant neighborhood surrounding the property at 1920 E Osborne Ave, Tampa, FL, 33610. Located in the heart of Tampa, this area offers a blend of business and leisure opportunities. Nearby points of interest include the historic Ybor City, the Amalie Arena, and the Tampa Convention Center, providing ample entertainment options for potential tenants or employees. The location also boasts a diverse selection of dining options and convenient access to major highways, making it an ideal spot for an office building investment. With its central location and abundant amenities, this property presents an exciting opportunity for prospective investors.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$209,388
|
$45.59
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$209,388
|
$45.59
|
| Taxes |
-
|
-
|
| Operating Expenses |
$24,367
|
$5.31
|
| Total Expenses |
$24,367
|
$5.31
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $209,388 |
| Annual Per SF | $45.59 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $209,388 |
| Annual Per SF | $45.59 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $24,367 |
| Annual Per SF | $5.31 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $24,367 |
| Annual Per SF | $5.31 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,512,656 CAD | Lot Size | 0.53 AC |
| Price Per Bed | $279,184 CAD | Building Size | 4,593 SF |
| Sale Type | Investment | No. Beds | 9 |
| Cap Rate | 7.36% | No. Stories | 1 |
| Property Type | Health Care | Year Built/Renovated | 1944/2024 |
| Property Subtype | Assisted Living | Parking Ratio | 2.18/1,000 SF |
| Building Class | B | ||
| Zoning | RS-50 - Residential Single Family - 50 | ||
| Price | $2,512,656 CAD |
| Price Per Bed | $279,184 CAD |
| Sale Type | Investment |
| Cap Rate | 7.36% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 0.53 AC |
| Building Size | 4,593 SF |
| No. Beds | 9 |
| No. Stories | 1 |
| Year Built/Renovated | 1944/2024 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | RS-50 - Residential Single Family - 50 |
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1920 E Osborne Ave
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