Westshore Palms 4209 1/2 W North a St 6 Unit Apartment Building $2,058,720 CAD ($343,120 CAD/Unit) 6.30% Cap Rate Tampa, FL 33609

Westshore Palms is a 6-unit apartment community situated on approximately a 8,280 sqft lot at 4209 1/2 West North A Street in the heart of Tampa, Florida. The property presents an outstanding investment opportunity in a submarket defined by favorable renter demographics and limited new supply. All six units have the same floor plan, which have space to add a washer and dryer to each unit. The units have been remodeled and vary in color schemes. A spacious parking lot in the rear off of the alley provides each unit its own parking space. A detached building by the parking in rear of building has a coin operated washer and dryer. Residents can enjoy a vast supply of restaurants, shopping and entertainment within just a few miles.
With its desirable location, strong occupancy, and meaningful upside potential, this is a compelling investment for groups targeting multifamily assets with both current yield and value creation opportunities.