1008 E 109th Ave | Tampa, FL 33612
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- LoopNet Team
1008 E 109th Ave
Tampa, FL 33612
La Tierra Verde · Multifamily Property For Sale
·
47 Units
INVESTMENT HIGHLIGHTS
- Fully Renovated 47-unit Asset in Tampa’s “Uptown” Innovation Alliance District
- Spacious Layouts with 98% of 2 Bed / 1 Bath Floor Plans // Individually Metered for Water/Sewer which is Paid by Tenants
- Significant Exterior Improvements Include: All New Roofs, Windows, Parking Lots, Fencing, Amenity Areas, Landscaping, Lighting & Signage
- Turn-Key Operation with 6%+ In-Place Cap Rate with $1M in Recent CapEx
- Highly Desirable Mid-1980’s-Vintage Concrete Construction with Pitched Roofs and Central HVAC
- Completely Renovated High-Quality Interiors Include: Granite Countertops, SS Appliances, Vinyl Plank Flooring, Modern Plumbing & Lighting Fixtures
PROPERTY FACTS
| No. Units | 47 | Building Size | 35,204 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | C | Parking Ratio | 2.84/1,000 SF |
| Lot Size | 2.11 AC | ||
| Zoning | RS-50 - Residential Multi-Family | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.11 AC |
| Building Size | 35,204 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 2.84/1,000 SF |
| Zoning | RS-50 - Residential Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Gated
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 46 | - | 850 |
| 3+1 | 1 | - | 950 |
PROPERTY TAXES
| Parcel Number | A-18-28-19-ZZZ-000005-60120.0 | Improvements Assessment | $4,496,100 |
| Land Assessment | $100 | Total Assessment | $4,496,200 |
PROPERTY TAXES
Parcel Number
A-18-28-19-ZZZ-000005-60120.0
Land Assessment
$100
Improvements Assessment
$4,496,100
Total Assessment
$4,496,200
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