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5473 27th St S
Saint Petersburg, FL 33712
The Morgan · Multifamily Property For Sale
·
304 Units
Investment Highlights
- Well-Located Value-Add Community with Scale
- Differentiated Floor Plans and Large Unit Sizes; Strong Leasing Performance
- Competitive Amenity Package on Low Density Site; Excellent Submarket Performance
- Strategically Positioned within Tampa Bay
- Ability to Renovate All Units at the Property to Achieve $160 Premium
- Tampa Bay Has Been One of the Highest Growth Markets in the Nation
Property Facts
| No. Units | 304 | Lot Size | 21.72 AC |
| Property Type | Multifamily | Building Size | 315,450 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2015 |
| Building Class | C | Parking Ratio | 1.58/1,000 SF |
| Zoning | RM12/15, St Pete - Residential Multi Family | ||
| No. Units | 304 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 21.72 AC |
| Building Size | 315,450 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2015 |
| Parking Ratio | 1.58/1,000 SF |
| Zoning | RM12/15, St Pete - Residential Multi Family |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Vaulted Ceiling
- Walk-In Closets
- Wi-Fi
- Window Coverings
Site Amenities
- Business Center
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Breakfast/Coffee Concierge
- Cabana
- Recycling
- Storage Space
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 144 | - | 663 - 1,060 |
| 2+2 | 130 | - | 1,062 - 1,302 |
| 3+2 | 30 | - | 1,530 - 1,731 |
Property Taxes
| Parcel Number | 11-32-16-49167-000-0010 | Improvements Assessment | $31,447,105 |
| Land Assessment | $7,052,895 | Total Assessment | $38,500,000 |
Property Taxes
Parcel Number
11-32-16-49167-000-0010
Land Assessment
$7,052,895
Improvements Assessment
$31,447,105
Total Assessment
$38,500,000
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