This Multifamily Property is no longer advertised on LoopNet.com.

7108 S Kissimmee St
Tampa, FL 33616
Southsider Apartments · Multifamily Property For Sale · 7 Units

Investment Highlights

  • Highly Desirable 1980’s Concrete Block Construction with Pitched Roofs
  • Ability to Increase Takeover NOI by 15%+ in Year 2 by Increasing Rent $100 to Market
  • Excellent Location in Port Tampa with Close Proximity to MacDill Air Force Base, a Major Employer which Creates Constant Demand for Nearby Housing
  • 6.02% Takeover Cap Rate With Adjusted Taxes & Insurance
  • Currently 100% Occupied with Next Lease Turnover in April 2025
  • Within 3 Miles to Major Retail and Dining Including Publix Super Market, Target, Home Depot, Starbucks, Chipotle & Chick-fil-A

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.30 AC
Building Size 5,394 SF
Average Occupancy 100%
No. Stories 2
Year Built 1983
Zoning RM-24 - medium density multiple-family residential development

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 7 - 750

Property Taxes

Property Taxes

Parcel Number
A-20-30-18-42J-000117-00026.0
Land Assessment
$132,480
Improvements Assessment
$408,399
Total Assessment
$540,879
  • Listing ID: 34554546

  • Date on Market: 1/21/2025

  • Last Updated:

  • Address: 7108 S Kissimmee St, Tampa, FL 33616

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}