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22-Units | Tampa, FL 3418 W North A St 22 Unit Apartment Building $7,185,555 CAD ($326,616 CAD/Unit) 7.04% Cap Rate Tampa, FL 33609
INVESTMENT HIGHLIGHTS
- Class-B | Strong Location | Clear Title
- Concrete Construction | Professional Management Available
- Same Owner/Operator Past Decade
EXECUTIVE SUMMARY
22-Unit premier South Tampa Class B apartment building. Currently 100% leased. Strong A-Rated location. Features (22) electric meters, concrete construction, and strong rent roll (attached). Property is minutes from downtown Tampa, Tampa General Hospital, Tampa International airport, I-275, MacDill AFB, Raymond James Stadium and the Yankees Stadium and within minutes from prime locations like, SOHO, malls, Ybor City, Channelside, and the beautiful Bayshore Blvd.
Cost Analysis Performed as Rental Property
In:
Rent - $540,960.00
Out:
(Annual) Property Taxes - $53,665.00
(Annual) Estimated Insurance - $27,500.00
(Annual) Property Management (Optional) - $27,048.00
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $67,200.00
Total Costs - $175,413.00
Net: $365,547.00
Cost Analysis Performed as Rental Property
In:
Rent - $540,960.00
Out:
(Annual) Property Taxes - $53,665.00
(Annual) Estimated Insurance - $27,500.00
(Annual) Property Management (Optional) - $27,048.00
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $67,200.00
Total Costs - $175,413.00
Net: $365,547.00
PROPERTY FACTS
| Price | $7,185,555 CAD | Building Class | C |
| Price Per Unit | $326,616 CAD | Lot Size | 0.51 AC |
| Sale Type | Investment | Building Size | 13,050 SF |
| Cap Rate | 7.04% | Average Occupancy | 100% |
| No. Units | 22 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2019 |
| Property Subtype | Apartment | Parking Ratio | 2.53/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RS-50 - Residential Single-Family | ||
| Price | $7,185,555 CAD |
| Price Per Unit | $326,616 CAD |
| Sale Type | Investment |
| Cap Rate | 7.04% |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 13,050 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2019 |
| Parking Ratio | 2.53/1,000 SF |
| Zoning | RS-50 - Residential Single-Family |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Range
- Wi-Fi
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Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | A-22-29-18-3OA-000031-00007.0 | Improvements Assessment | $3,251,845 CAD |
| Land Assessment | $533,306 CAD | Total Assessment | $3,785,151 CAD |
PROPERTY TAXES
Parcel Number
A-22-29-18-3OA-000031-00007.0
Land Assessment
$533,306 CAD
Improvements Assessment
$3,251,845 CAD
Total Assessment
$3,785,151 CAD
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22-Units | Tampa, FL | 3418 W North A St
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