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Investment Highlights
- Established 110-unit multifamily asset with a garden-style design.
- Riverside apartment community located along the Hillsborough River.
- Community amenities include a swimming pool, fitness center, and clubhouse.
- Convenient access to I-4, I-75, and I-275 connecting residents throughout the Tampa Bay region.
- Private balconies and spacious floor plans enhance the resident experience.
Executive Summary
7011 San Ramon Pl, known as The Rio, is a 110-unit multifamily apartment community located along the Hillsborough River in Tampa.? The property features a garden-style apartment layout with two-story buildings and resident amenities that include a swimming pool, fitness center, clubhouse, laundry facilities, private balconies, online resident services, and Amazon Hub lockers.? Apartment homes offer features such as air conditioning, washer/dryer hookups, ceiling fans, walk-in closets, patios, and vinyl flooring.
The community benefits from connectivity to major Tampa employment centers via Interstate 4, Interstate 75, and Interstate 275. Its riverside setting, established landscaping, and proximity to parks, shopping destinations, and local services contribute to its residential appeal. Originally constructed in 1969, the property sits on approximately 7.75 acres and contains approximately 141,200 square feet of improvements.
The community benefits from connectivity to major Tampa employment centers via Interstate 4, Interstate 75, and Interstate 275. Its riverside setting, established landscaping, and proximity to parks, shopping destinations, and local services contribute to its residential appeal. Originally constructed in 1969, the property sits on approximately 7.75 acres and contains approximately 141,200 square feet of improvements.
Property Facts
| Sale Type | Investment | Lot Size | 7.75 AC |
| No. Units | 110 | Building Size | 141,200 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1969 |
| Building Class | C | Parking Ratio | 2.83/1,000 SF |
| Zoning | PD - Planned Development | ||
| Sale Type | Investment |
| No. Units | 110 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.75 AC |
| Building Size | 141,200 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 2.83/1,000 SF |
| Zoning | PD - Planned Development |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Ceiling Fans
- Walk-In Closets
- Patio
- Vinyl Flooring
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Pool
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 21 | - | 1,000 |
| 2+2 | 62 | - | 1,100 - 1,420 |
| 3+2 | 18 | - | 1,500 - 1,750 |
| 3+2.5 | 9 | - | 1,750 |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $16,931,409 CAD | |
| Land Assessment | $347,264 CAD | Total Assessment | $17,278,673 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$347,264 CAD
Improvements Assessment
$16,931,409 CAD
Total Assessment
$17,278,673 CAD
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The Rio | 7011 San Ramon Pl
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