Contact info

• 727-421-3706 [Office] 

Description

Fine Investment Property - 42 Unit Apartment building with a good track record. The favorable location near many retail, service, and manufacturing jobs has provided a historically high occupancy level. * 42 units total, 36 two bedroom, 6 one bedroom. * 8.0% cap rate based on 2011 numbers. * Assumable mortgage for qualified applicants - contact broker for terms. * 13% Cash on cash return. * Excellent location near Parkside mall (US Hwy 19 and Park Blvd) * 95~100% occupancy Building price details: $2,700,000.

Property Details

• Building Name:Cedar Hollow
• Type: Multifamily
• Use Types:Low-Rise/Garden
• Status: Available
• Year Built: 1994
• MSA: Tampa-St. Petersburg-Clearwater
• Zoning: MULTI-FAMILY
• Buildings: 8
• ConstructionBlock

Exterior Features

• Parking: Yes
• Parking Spaces: 80
• Parking Type: Surface

Terms

• Cash to Seller 

Agent

Map Locations