CORP. LIQUIDATION SALE. Clear title. 12 of 12 updated units 100% leased. (3) remaining units need TLC prior to leasing. Remodeled and Leased 15-Unit multifamily building. Large parcel. Rare opportunity for high cap, high cash flow asset. Brand new City plumbing system. 12 of 15 currently leased. ***Tenants unaware of sale. Do not approach property without approval.*** Cost Analysis Performed as Rental Property In: Rent - $96,300.00 Out: (Annual) Actual Taxes - $2,809.00 (Annual) Estimated Insurance - $2,776.00 (Annual) Property Management (Optional) - $7,222.50 (Annual) Estimated Utilities/Lawn/Vac - $20,400.00 Total Costs - $33,207.50 Net: $63,092.50 Earn: Total yearly net equates to - $63,092.50 Total monthly gross equates to - $8,025.00
Price Upon Req.16,279 SF
Property Tours are available on Thursday 2/11 & Thursday 2/18 from 10a-2p by appointment. Please contact Tiffany Foxx to schedule at 786-871-3847 or firstname.lastname@example.org.Auction.com and The Enterprise Group of Companies Inc present the opportunity to acquire a mixed-use (retail/industrial/office) building located at 1605 E. Hillsborough Ave in Tampa, FL. The property sits on 1.17 acres and is comprised of a 16,279 SF, single story, mixed-use building with excess parking in the rear. The metal and block building was constructed in 1960 and property was previously utilized as a car dealership. A majority of the site is paved with asphalt and other site improvements include concrete curbing and walkways, 6' high chain link fencing, light poles and landscaping.The property is divided up into two attached buildings and the front building has direct frontage right on the heavily trafficked Hillsborough Ave directly across the street from a brand new Walmart. This portion of the building could easily be refaced and built out into smaller rentable units allowing for value-add through lease-up.
Hot Income Property!!!! Amazing cash making machine!!! Property generates insane profits!! Great condition, no deferred maintenance needed. Crime free area, located in an industrial working quiet town. Long term tenants. Concrete block stucco with separate electric and water meters. City water and sewer. Central heat and air in every unit. 2 Quads, 4 units each, total of 8 units! ALWAYS 100% OCCUPANCY! 23% Gross return on investment. 19% Cap rate. 8 units rented at $575/month. Tenants are great payers, always on time. Annual Gross Income: $55,200.00 (8 units rented at $575/month each) Annual Net income: $43,000.00 Annual Expenses: $12,200.00 List of annual expenses: Taxes: $5,600.00 Insurance: $5,000.00 Maintenance: $1,600.00 ----
NAI Tampa Bay is proud to present the exclusive right of sale for the Hyde Park Place Apartments. The Hyde Park Place Apartments is a 5 unit apartment community, located in the Class A+ Historic Hyde Park submarket of South Tampa. The offering consists of 2 total buildings, on 1 parcel of land. Hyde Park Place was built in 1912 and has received considerable exterior improvements/rehabs in July/August of 2015. The building features a Colonial-style architecture with prominent columns and a steep pitched roof. The unit mix consists of four, 2 bedroom / 2 bathroom units, and one, 1 bedroom / 1 bathroom unit. These units also feature original wood floors, fireplaces, semi-private entries, high ceilings and updated appliances/kitchens/baths in select units.
NAI Tampa Bay is proud to present the exclusive right of sale for the Beach Place Apartments. The Beach Place Apartments is a 6 unit apartment community, located in the Class A+ Historic Hyde Park submarket of South Tampa. The offering consists of 2 total buildings, on 1 parcels of land. The property was built in the early 1900' s and has received a new roof and exterior improvements in July/August of 2015. The building features a grand, wrap-around Plantation-style porch with two, 2 bedroom / 2 bathroom live-work office units, two, 2 bedroom / 2 bathroom apartments and two, 1 bedroom / 1 bathroom units. The units feature original wood floors, fireplaces, semi-private entries, 9-10' ceilings and updated appliances/kitchens/bathrooms in select units.
2-story, full service Hotel completely renovated in 2014 with over $4m in renovations and improvements. Zoned CI with future land use for Urban Mixed Use. Banquet Hall, Meeting rooms, Pool Deck with beautiful water feature & setting, Jumbo TV for all sports games, great for special events, weddings , proms, birthdays etc. Excellent potential.
2700 Square foot classic wood 2 story office building. All updated and move in ready. Plenty of parking. Will not last long.
NAI Tampa Bay is proud to present the exclusive right of sale for the Palm River 58th Street Apartments in Tampa, Florida. The 58th Street apartments consist of 5 total living units: 2 duplexes and a single unit structure all located in Southeast Tampa. The property spans 1.43 acres consisting of 3 total buildings and also includes a storage/workroom building as well as all lawn equipment used in the maintenance of the property. The 58th Street apartments provide an excellent opportunity to enter into the market with fully occupied property that provides consistent cash flow in a working class area that will always need rental units. The property also can be operated at a low expense ratio relative to other properties in the same demographic.
Dream of owning an INCOME PRODUCING site or have the opportunity for an amazing flip? Look no further! 21 hookups for water and electric, lift station 3/2 house. Income potential of $109k per year as an RV rental park or add mobile homes to the site and increase your income to over $200k per year. Single family home on the site has 3 bedrooms and 2 baths and can easily be rented out or used as a caretakers home. Gorgeous rural setting right on US 92 in Seffner. CHECK IT OUT! For a little more than the price of a new home, you get a fully-functional RV park. The income that is generated from this site more than pays for its monthly cost. Run it yourself or hire a manager, either way, it is an unbelievable investment. As this site is zoned commercial and is over 4 acres, there are a lot of options...Better than a vacant commercial space as there is already running water, electric and a lift station.
US Hwy 98 exposure! Over 230 feet of road frontage exposure directly on Hwy 98 North. 1.76 Acres US Hwy 98 North land just north of Duff Road, in North Lakeland. Excellent location for your medical office, commercial building, retail, bank branch or many other uses. Please see attached brochure for a few of the examples! Zoned LCC Linear Commercial Corridor which allows numerous medical / commercial / retail uses (see attached list from Polk County Land Development Code). Public utilities (water, sewer and electric) at site. Great visibility. Property has off-site retention, so entire 1.7 acres is buildable. This site is pad ready NOW!