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Rush Capital Fund is proud to present the North Bay Apartments. Come see this newly renovated 6 - unit apartment building located in Tampa, Florida. This is a rare opportunity to own an income generating property in Tampa, FL at an unbelievable discounted price. The seller will liquidate the property for $250,000 NET if the buyer can close in 7 -14 days. In addition, the seller will also offer a broker a 10% commission at a sales price of $285,000. There is no other property on Loop Net or the Multiple Listing Service comparable to this property at this price. GO CHECK FOR YOURSELF! The property consist of 4 1 bedroom 1 bath & 2 2 bedroom 1 bath. Currently, the property is 100% occupied and collects $4,000 gross income per month. The buyer can expect a 11.9% R.O.I. This is a 50 + year old community, with all the tenants on a guaranteed fix income from social security, disability, or pension income. The seller agrees to assist the buyer with property management for 60 days, and then refer the buyer to a local professional property management company. At this discounted price we are accepting only CASH OFFERS. The buyer will receive a Warranty Deed & Title Insurance.
Block duplex that consists of (two) 2 bedroom/ 1 bath units- total square footage is 1,325. The property will need some rehab work to be rent ready, including: kitchen and bathroom updates, some windows, flooring, new wall A/C units, and other cosmetic work. A conservative estimate for repairs is $20,000. The roof is in good shape and the property has separate electric and water meters. Ybor is really becoming a hot investment market with all of the plans for downtown Tampa, including Ybor City. This property is sold "free and clear" with the ability to close fast. Feel free to contact me by email or phone for a broader scope of repair work that needs to be done to make this duplex rent ready.
100% OCCUPANCY INCOME PRODUCING PROPERTY LOCATED IN HISTORIC YBOR CITY! THIS PROPERTY HAS BEEN WELL MAINTAINED BY THE OWNER AND IS UP TO CODE WITH THE CITY. THE PROPERTY CONTAINS 4 2bed/1bath units that average $625 each per month. Low Vacancy Rate!
$650,000Size Upon Req.
Short Sale. Create an excellent income-producing apartment complex here at Sleepy Hollow Condominiums in North Tampa. The 16-plus units and grounds need rehabilitation and TLC, but with a vision the sky is the limit for great income potential. All units are vacant and have a split two bedroom, one bath floor plan with over 900 square feet, plus a screened lanai. Plenty of on-site parking in this secluded complex surrounded by mature oak trees and foliage. Units are close to Fletcher and Fowler Avenues, University Square Mall, the University of South Florida and convenient to I-75 and I-275. Do not miss out on this wonderful opportunity!
$122,000Size Upon Req.
Recently renovated, lots of updates, good upside with RDC-12 zoning for another unit.
Opportunity to own rental property in Ybor City. Current floor plan consists of 2 Bed, 1 Bath with easy transition to 3 Bed, 1 Bath from cleanup and renovations. Vacant while pending sale. Original hardwood flooring. Central kitchen. Front porch. Located across from baseball field. Comparable Sales 3625 N 18TH ST $45,000 1218 E 19TH AVE $55,000 2403 E 10TH AVE $55,000 2603 N 19TH ST $60,000 1017 E 15TH AVE $68,000 1016 E 24TH AVE $70,000 Cost Analysis Performed as Rental Property In: Rent - $10,740.00 Out: (Annual) Actual Taxes - $454.00 (Annual) Estimated Insurance - $1,031.00 (Annual) Property Management (Optional) - $966.60 (Annual) Estimated Utilities/Lawn/Misc - $720.00 Total Costs - $3,171.60 Net: $7,568.40 Earn: Total yearly net equates to - $7,568.40 Total monthly gross equates to - $895.00
Unique multifamily properties, with 5 separate properties all leased, plus a small 1 bed I bath guest home. All in a court yard set up, concrete fencing, with a big beautiful pond and huge oak trees. The main pool house with 2450 sq feet of living area have 3 bed 3 bath, Formal Living, Formal Dining, Family Room, and Den, gorgeous interior, from flooring to floor plans, front open porch and a big swimming pool. 2nd home with 1100 sq ft 2 bed 1 bath, Living/Dining room combo. 3rd home with 1150 sq ft, 2 bed 2 bathrooms with separately fenced. 4th home is a two story home with two tenants both around 550 sq ft, each with 1 bed 1 bath. This is a great property, fully leased; if an investor buys it has very low over head, great tenants and a big waiting list if any of the units becomes available. If you are a buyer who wants to live at the main house and keep the other units leased, the big main house is left on a month to month lease, so tenant can move out if owner to live in the home or if an investor tenant would love to have a long lease. Call today to book an apt
The Dickson Mobile Home Park park features a total of 6.71 acres of land surrounded by twenty four (24 ) park owned mobile homes, six (6 ) privately owned mobile homes, eight (8) efficiency apartments, two (2) rental homes and two (2) commercial buildings directly on Florida Avenue. The Mobile Home Park has 2.37 CG acres of excess land at the Northwest corner of the property for future expansion of 15 mobile homes for a total rental spaces of 45. You may apply to re-zone the property to Planned Development to increase density for a total of 88 units. The land is allocated as follows: U-12-28-18-0TD-000007-00003.1 = 103,667 Sq. Ft. U-12-28-18-0TD-000007-00004.0 = 175,111 Sq. Ft. U-12-28-18-0TD-000007-00004.1 = 13,300 Sq.Ft. ------------------ Total 292,078 Sq Ft. or 6.71 acres The entire 6.71 acres is zoned Commercial General can be used for other future development. Please do not disturb or discuss sale of property with tenants or office manager. To view property is by appointment, current property appraisal available upon request.
University Oakwoods is a 450-unit residential community located just south of Fowler Avenue and east of Interstate 275 in the University area of Tampa. This offering is for 335 units as the other 115 are separately owned as condos. The property is comprised of 31 two-story buildings of concrete block construction with pitched roofs. The 335 units are comprised of 53% studios ranging from 332-336 square feet, and 47% one-bedroom units ranging from 476-511 square feet. Each apartment features a wall-mounted HVAC unit and the property's amenities include a gated entrance, relaxing pool and Jacuzzi area, onsite laundry facility, and a well-equipped weight room. Given the Property' s centralized location, the offering represents a unique opportunity for an investor to quickly acquire significant scale within a stable market while also having the ability to achieve significant upside potential.
REGENCY SQUARE APARTMENTSNAI Tampa Bay is pleased to introduce you to the Regency Square apartments innortheast Tampa. This fully stabilized garden apartment property is extremely well kept with no deferred maintenance visible and totals 120 units, a majority of which are 2 bed / 1 1/2 bath or larger. Amenities at the property include gated entry, tennis & basketball courts, laundry facilities, swimming pool, playground areas and on-site leasing office. Units are housed in six 2-story concrete block buildings which were originally constructed in 1976. All units enjoy private patio areas, central HVAC, open floor plans, ceiling fans and walk-in closets.Over the past 12 months, the propertys exteriors have been repainted, the parking lots have been striped and sealed and over the past 3 years all of the roofs have been replaced. Upside exists through continual upgrades to the interiors.The property consistently stays above 95% occupancy providing consistent and stable income and also represents a true value-add opportunity. There is currently an 11% loss-to-lease which amounts to $116,662 in lost income annually and in addition, there are several inexpensive improvements to