13911 N 19th St Tampa, FL 33613
$4,074,000 · 84 Units · Multifamily For Sale
North Tampa Portfolio
|Price||$4,074,000||Property Sub-type||Garden – Low-Rise Apartments|
|No. Units||84||Property Use Type||Investment|
|Building Size||57,000 SF||Cap Rate||9.26%|
|Price per Unit||$48,500||Lot Size||1.34 AC|
|Property Type||Multifamily||APN / Parcel ID||035679-0000, 035717-0000, 035727-1000 & 035563-0000|
Tampa Rental Properties Description
– Currently 95% Occupied with Immediate Rent Upside
– Over 90% of the Units Have Ceramic Tile Throughout
– A Two-Property Investment Portfolio Located Within a Half-Mile of Each Other in North Tampa
– Value-Add Opportunity with Strong Cash Flow Potential Through Management Efficiency
– Located in the Densely Populated University Area Submarket
– Apartmenst are minutes From Three Major Employers in the Area, The University of South Florida, Busch Gardens and James
The North Tampa Investment Portfolio is a two rental property multifamily offering in Tampa, Florida. The portfolio consists of Villa Amor & Casita Bella apartments. The larger of the two, Villa Amor, is comprised of 14 one and two story buildings that were built between 1971 and 1974. Each building is concrete block with a flat roof. There are 44 1 Bedroom -1 Bath and 24 2 Bedroom -1 Bath units, for a total of 68 villa style apartments. In addition, this property offers off street parking and on-site laundry facilities. Casita Bella is the smallest property in this portfolio. Casita Bella is comprised of 8 one-story duplexes that were built in 1969. Each building is concrete block with a pitched roof. There are 16 1 Bedroom -1 Bathroom apartments in this community.
Financial Summary of Apartments (Actual)
Net Operating Income – $377,252
This additional information will have more details about the existing area surrounding 13911 N 19th St Tampa, FL 33613.
This Property is a multi-family Investment with rentals in Tampa, FL 33613. This is an estimated 19,536 square foot of apartments which sits on a 1.59 acre lot and features 16 bedrooms and 8 bathrooms. This Florida Apartment property was built in 1971.
The nearby schools do include Muller Elementary Magnet School, Bowers-Whitley Career Center and Mort Elementary School.
The Rental Apartments Buildings for sale have some terrific shopping nearby to please the tenants.
The closest grocery stores are La Mexicana Latin, Fletcher Supermarket and the Supersaver Supermarket. The Walmart Supercenter is only a few minute drive from these Multifamily Buildings. Also find nearby coffee shops which include Dunkin’ Donuts, Kaleisia Tea Lounge and Seasons Fresh Cafe. Nearby restaurants include Taco Malenas, Krystal and El Rey De Oros. This Hillsborough County Commercial Real Estate is near University Park, Violet Cury Nature Preserve and University of Central Florida.
This address may also be seen online as 13911 North 19th Street, Tampa, Florida 33613.
13911 N 19th St, Tampa, FL 33613 (Hillsborough County)
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