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Browse More Listings in Multifamily For Sale, Tampa, FL or Florida

Multifamily Property For Sale

Cedar Trace Apartments

2200 Cedar Trace Circle, Tampa, FL 33613

Price:
$8,995,000
No. Units:
176
Building Size:
159,304 SF
Price/Unit:
$51,107.95
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
1.5%
Cap Rate:
8%
Occupancy:
97%
Find Out More...

Last Verified 11/6/2009 Listing ID 16421800

Description

NAI Tampa Bay is proud to have been selected the ELCLUSIVE listing agent for the Cedar Trace Apartments. The property consists of 176 units that includes a HUD HAP contract on 36 of the 176 Units. The property is located near the University of South Florida and University Square mall. The property is wood frame construction with pitched shingle roofs and ZERO deferred maintenance. property has consistantly been 90%+ occupied and is currently 97% full

Near USF

Financial Summary

Actual
Net Operating Income
$719,600

Map of 2200 Cedar Trace Circle, Tampa, FL 33613 (Hillsborough County)

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John Burpee (727) 585-2070

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Created 10/6/2009

Additional Information for 2200 Cedar Trace Circle, Tampa, FL 33613

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Cedar Trace Apartments

2200 Cedar Trace Circle, Tampa, FL, 33613