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10 Unit Multi-Family Investment Property 8413 N Hamner Ave 10 Unit Apartment Building $1,352,205 CAD ($135,220 CAD/Unit) 8.35% Cap Rate Tampa, FL 33604



Investment Highlights
- Fully occupied 10-unit multifamily property with consistent collections and immediate in-place income
- Majority of units updated — limits near-term capital expenditure requirements
- Opportunity to increase NOI through management efficiencies, ancillary income (laundry), and gradual rent alignment
- Unit mix: (1) 2BR/1BA, (1) 1BR/1BA, (8) studios with kitchens & baths
- Combination of metal and shingle roofs; central air, mini-split, and wall/window units
- Leak detection systems and mixed roofing/HVAC systems in place to help mitigate operational risk
Executive Summary
KW Commercial Tampa Properties is pleased to present 8413 N. Hamner Ave, Tampa, FL 33610 (the “Property”), a 10-unit multifamily investment offering immediate income with the opportunity for operational and rental growth.
The asset currently produces an in-place NOI of $83,099 and is fully occupied. The property benefits from consistent collections and a diverse tenant base, while still allowing a new owner the ability to gradually optimize operations and increase income over time.
Unit Mix
• (1) Two-bedroom / one-bath main home (includes whole-house water filtration system)
• (1) One-bedroom / one-bath attached unit
• (8) Studio units — each with private kitchen and bathroom
Investment Highlights
• High occupancy with proven rental demand in central Tampa
• Majority of units updated, limiting near-term renovation risk
• Multiple building systems including metal and shingle roofs and a combination of central air, mini-splits, and wall units
• Leak detection systems installed throughout units for operational risk mitigation
• Ability to improve income through management efficiencies, rent alignment over time, and additional ancillary income (e.g., on-site laundry)
The studio-heavy configuration serves Tampa’s workforce housing demand and has historically maintained strong occupancy. For investors seeking a property with current cash flow and a clear path to incremental NOI growth rather than a heavy renovation project, the Property provides a balanced entry into the Tampa multifamily market.
The asset currently produces an in-place NOI of $83,099 and is fully occupied. The property benefits from consistent collections and a diverse tenant base, while still allowing a new owner the ability to gradually optimize operations and increase income over time.
Unit Mix
• (1) Two-bedroom / one-bath main home (includes whole-house water filtration system)
• (1) One-bedroom / one-bath attached unit
• (8) Studio units — each with private kitchen and bathroom
Investment Highlights
• High occupancy with proven rental demand in central Tampa
• Majority of units updated, limiting near-term renovation risk
• Multiple building systems including metal and shingle roofs and a combination of central air, mini-splits, and wall units
• Leak detection systems installed throughout units for operational risk mitigation
• Ability to improve income through management efficiencies, rent alignment over time, and additional ancillary income (e.g., on-site laundry)
The studio-heavy configuration serves Tampa’s workforce housing demand and has historically maintained strong occupancy. For investors seeking a property with current cash flow and a clear path to incremental NOI growth rather than a heavy renovation project, the Property provides a balanced entry into the Tampa multifamily market.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,352,205 CAD | Building Class | C |
| Price Per Unit | $135,220 CAD | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 3,309 SF |
| Cap Rate | 8.35% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1946/2005 |
| Property Subtype | Apartment | Parking Ratio | 2.12/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RS-60 - Multi Family Dwelling | ||
| Price | $1,352,205 CAD |
| Price Per Unit | $135,220 CAD |
| Sale Type | Investment |
| Cap Rate | 8.35% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 3,309 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1946/2005 |
| Parking Ratio | 2.12/1,000 SF |
| Zoning | RS-60 - Multi Family Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | $1,223 CAD | 228 |
| 1+1 | 1 | $1,495 CAD | 600 |
| 2+1 | 1 | $2,446 CAD | 885 |
1 1
Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Number | A-24-28-18-3EO-000003-00033.0 | Total Assessment | $305,302 CAD |
| Land Assessment | $137 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $305,166 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
A-24-28-18-3EO-000003-00033.0
Land Assessment
$137 CAD
Improvements Assessment
$305,166 CAD
Total Assessment
$305,302 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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10 Unit Multi-Family Investment Property | 8413 N Hamner Ave
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