1309 E Sitka St | Tampa, FL 33604
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1309 E Sitka St
Tampa, FL 33604
Sulphur Springs Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Robust Value-Add Opportunity: Projected Year 1–2 CAP Rates of 10.04%–14.91% and Cash-on-Cash Returns of 12.31%–30.81%, Inclusive of Renovation Budget
- Significant Foundation Repairs Completed: Including IntelliJack Leveling Systems, Supplemental Steel Beams, and Floor Joist Sistering
- Renovated Interior Hallways & Stairs – Updated on Both Floors w/ New Flooring & Modern Fresh Paint
- Strategic Value-Add Renovation Budget Detailed in Offering Memorandum
- Critical Plumbing Updates Completed: Exterior Sewer Line Replaced, Drainage System Reinstalled w/ Proper Pitch, Replumbed Drains & Brought Up to Code
- NON-Flood Zone location, drastically reducing insurance expenses | Newly Replaced Stairs on the Exterior of the Building & New Roof
Property Facts
| No. Units | 8 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 2,880 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1924/2015 |
| Building Class | C | Parking Ratio | 2.78/1,000 SF |
| Zoning | RS-50 - Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,880 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1924/2015 |
| Parking Ratio | 2.78/1,000 SF |
| Zoning | RS-50 - Residential |
Amenities
Site Amenities
- Vintage Building
Property Taxes
| Parcel Number | A-30-28-19-45M-000058-00010.0 | Improvements Assessment | $133,132 |
| Land Assessment | $55,000 | Total Assessment | $188,132 |
Property Taxes
Parcel Number
A-30-28-19-45M-000058-00010.0
Land Assessment
$55,000
Improvements Assessment
$133,132
Total Assessment
$188,132
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
